Need A Financial Product › Forums › Tax Savings › Am I eligible for tax exemption u/s 80C and section 24 › Am-I-eligible-for-tax-exemption-us-80C-and-section-24_REPLY
November 10, 2014 at 1:19 am
#48301
samkapoor77Keymaster
For interest paid during the financial year 2014-15, you will be eligible under section 24b. However, in your case, the maximum benefit for principal loan repayment is Rs. 1 lakh in a year.