Paying additional house loan interest for 80C

POSTED BY Satishshm ON January 31, 2014 3:18 pm COMMENTS (2)

Hi,

Per anum, I pay 79,000 as principle. 2,00,000 as interest to my house loan. I contribute 16K per anum towards PF. For 80C savings, I have 95,000 to show. I would like to pay 5,000 as principle and would like to show that under 80C. Is that fine?

Thanks,

Satish

2 replies on this article “Paying additional house loan interest for 80C”

  1. Satishshm says:

    Thanks Ashal.

  2. ashalanshu says:

    Dear Satish, yes, absolutely. You should pay 5000 Rs. extra into your home loan to claim tax benefit under section 80C.

    Thanks

    Ashal

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