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Insurance on Housing Loan

krishna besta

Dear Sir,

I got a Housing loan as well as insurance on Housing loan. As per Our income tax concern we can claim Interest on Housing loan as Loss under House propery.  I am in confusion Can i claim Insurance on Housing loan also under House propery.

 

Housing Loan Insurance Not Claimable Under Sections 24 or 80C for Income Tax Purposes An individual inquired about the possibility of claiming insurance on a housing loan under house property for income tax purposes. They were already aware that interest on the housing loan could be claimed as a loss under house property. A respondent clarified that insurance on the housing loan cannot be claimed under either section 24 or section 80C of the income tax provisions. (AI Summary)
Income Tax
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