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Puspinder Singh Ahluwalia took a housing loan on 1st.

Puspinder Singh Ahluwalia took a housing loan on 1st. of June 2009 (EMI in arrear) of Rs. 50 lacs at a ROI of 10.75% p.a. compounded monthly for 12 years. He wants to know the deduction in taxable income he can claim u/s 24 of the IT act for the FY 2011 -12

A.

480178

B.

150000

C.

330178

D.

125000

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