About Housing Loan In Income Tax Returns - XLS Download

elangovanrv

Hiplease note this is posted in 24 feb2009. I am paying Rs.1,80,000/- per year as housing loan. The intrest will be around 1.5 lacs and the rest as principal for a loan of 12.5 lacs.How to calculate for income tax for 2009-10 submission.last year the principal amount was detucted in the 1,00,000 benefit savings column and the intrest is detucted in the source itself upto1.5 lacs. does this remains the same or there is a change. please reply soon and advance thanks to all who reply and the admin
24th February 2009 From India, Madras

Add Reply → Start New →

Anurag Jain

Calculate the principle and interest part . use calculator for your record.
24th February 2009 From India, Jaipur

Attached Files (Download Requires Membership)

Home Loan Calculator.xls (447.5 KB, 887 views)

dhanusoftin

Hi,
In your case 1,50,000 will be deducted at the source itself and the remaining 30,000 (principal payment) will be deducted under 80c 1 Lakh benefit savings. It remains the same as last year.
Regards,
DJ.

24th February 2009 From India, Bangalore

Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.

Other Discussions That May Be Relevant

Public sector bank approached commercial court for recovery of remaining staff housing loan

Related Files & Downloads Shared By Members

 Withdrawal of PF for housing loan 5.6.2012.pdf

 Poor can benefit from this edu loan scheme.pdf

 Loan Form.doc

Interest Tags

Trending Tags

Trending

About Housing Loan In Income Tax Returns - XLS Download

Login Or Register