How to show homeloan investment during e-filing

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  1. m s yadav

    m s yadav New Member

    My total income during year 2013-14(assessment year 2014-15) is 307689. And the investment in homeloan is 219112 ( principal = 92828 and interest = 126284 ). Now during e-filing as per rule we can show only 1 lac of investment excluding 2 lac, so there remain 7000 amt taxable. Is there any way to show more than 1 lac investment so that the 7000 amt can be nontaxable?. Please guide how to fill in e-filing sections columns.
     
  2. you can claim loss u/h house property for Interest paid. And loss will be deducted from your income.
     
  3. rudrabose

    rudrabose Active Member

    For FY 2014-15

    Income Tax is exempted upto Rs. 2.5 Lakhs

    And maximum deduction allowed for investment under Section 80C is Rs. 1.5 Lakhs
     
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