My employer is denying adjustment for loan interest in taxation

[samkapoor77]

In January 2014, I borrowed a loan from Co-op credit society. I mentioned it specifically as loan borrowed for acquiring a house. I started paying EMI immediately on monthly basis. My employer denied adjusting the interest payment for calculating income tax. He said that had it been loan from bank, they would have given me tax benefit. Am I really not eligible?

[samkapoor77]

If your employer is not agreeing then you can show it directly in your ITR and can claim benefit from there. The only thing is that you should have documents to prove it as home loan.

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