Suppose a person pays a emi of Rs. 2000/- pm, total of Rs.24000/- p.a., half of the amt is principal i.e. rs.12000/- p.a. nd half of the amt is interest i.e. rs.12000/- p.a., nd he had paid Rs. 10000/- toward registration of the house property in his name. what all deduction nd benefits he can claim while filing incometax return, also are both amounts ie. principal + interest, deductable under sec 80C.
