Home loan interest deduction, Income Tax

[NEENA P.GAWADE]

i am salaried employee (women) and my yrly income is 2.5 lakhs and i pay loan instlment on home loan so can i take full interest amt.for the relavant year as deduction or there is certain limit plz explain thank you

Posts / Replies

[Markesh Antony]

In case of self acquird propery, you can calim deduction upto Rs. 1,50,000 on account of interest paid on loan taken to purchase such house