Deduction for Interest on Home Loan under Chapter VI-A

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    J VISWANATHAN New Member

    I am a salaried employee.I have availed housing loan and paying approximately Rupees 1,28000 interest per year. When I tried for e- filing (ITR-I), I could not find the section 24(b) under ChapterVI A for entering the amount in ITR- form. In form-16 the interest was shown against section 24(b) under ChapterVI A . Where I have to enter the amount of interest in the form. Kindly guide.
  2. Aditi Gulati

    Aditi Gulati Active Member

    Section 24b is not a part of the deductions allowed under Chapter VI-A

    Deduction under Section 24b is allowed under head Income from House Property and not under Chapter VI-A
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