Confused About Housing Loan Sections in TDS Form? Need Help with Interest and Principal!

Dear Seniors, Kindly let me know in housing loan repayment, the total amount comes in three parts as follows:

- Arrears of interest:
- Interest:
- Principal amount:

TDS Declaration Form Query

Now, my question is in the TDS declaration form under which section should all three amounts be included? For interest on a housing loan, there is already a column under Sec. 80D. Should the principal amount come under Sec 80C? Please guide me...

Thanks,
Ravita

Dear Mr. Chander, Should the principal and arrears of interest amount come under Sec 80C? They have got possession and are living in the flat. Awaiting your reply...

Regards, Ravita

Housing loan principal repayment is claimed under Section 80C for rebate. Housing loan interest rebate is claimed under Section 24.

Regards,
Pon

Thank you for your message. I understand that you are a little confused about the declaration form, specifically regarding points 4 and 5 on the first page. It mentions "interest on housing loan taken prior or after 01.04.1999."

Should the interest amount be mentioned in that column, and the principal amount in section 80C? If so, under which column should each amount be listed?

I hope this clarifies your query. Please feel free to reach out if you need further assistance.

Thank you,

Pon