POSTED BY May 3, 2012 4:51 pm COMMENTS (4)ON
Suppose I invested by buying a Home Rs.1 Crore.
Down payment is made by me.
Take a loan of Rs.60,00000 lacs.
EMI is paid by me,Wife,Father and mother equally.(4persons)
I want to know how the principle and Interest paid by us should be claimed for IT purpose.
Total Int paid=600000
Total Principle amt paid=10,00000