Income tax · old regime
This page is the self-occupied home-loan interest row in the filing table. The office is at 515 Trichy Road, Singanallur.
This page is section 24(b). House rent allowance stays on the HRA page. Principal stays on the section 80C page. Do not send the income-tax password in chat. Call +91 94454 38387.
On the old regime, self-occupied home-loan interest under section 24(b) is allowed up to ₹2,00,000. On the new regime it is not allowed. The new regime is the default under section 115BAC. You choose before the return is filed.
The income tax calculator calls this an old-regime input, where section 24(b) applies. It says the self-occupied cap is often ₹2 lakh. The EMI calculator states the same interest note, up to ₹2 lakh in the old regime, only where that section applies. Confirm it before filing.
The row is named for a self-occupied house. This page does not describe any other house. The proof named on the filing desk is the home-loan interest certificate.
Home-loan principal may qualify under section 80C. That limit stays on the section 80C page. House rent allowance is a different row. Employer NPS under section 80CCD(2) is also a different row. This page does not state those limits.
After the return is filed, e-verify within 30 days. The return is quoted before it is filed. The first discussion is free.
No. The filing table says self-occupied home-loan interest under section 24(b) is not allowed on the new regime. On the old regime it is allowed up to ₹2,00,000.
No. Home-loan principal may qualify under section 80C. Interest under section 24(b) is a different row. This page does not state the section 80C limit.
The row is named for a self-occupied house. The calculator says the self-occupied cap is often ₹2 lakh, and only where section 24(b) applies. This page does not describe any other house.
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