Declaration of saving

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  1. Pumlal L Ngaihte

    Pumlal L Ngaihte New Member

    Sir, I have taken a loan from a bank for self construction of house amounting Rs 3000000/-
    I received my first installment in sept15 , second installment in nov15 and third installment in Apr 16. The house already completed and not yet occupied. Now, starting June2016 I am paying my installment @ Rs 37560/- per month 9℅ being the interest.
    So Sir, while declaring my saving pls guide me as to what should I fill up in the column given in 80c and negative income of house property.,....also I made a saving under provident fund @ Rs 15000/- per month. Pls advice thanks
  2. Karan Batra

    Karan Batra Well-Known Member

    You shall mention the amount of principal repayment in FY 2015-16 in your Income Tax return
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