Q: Is HeartCodeÂ® ACLS Part 1 only for renewals or can it be used for initial ACLS course completion as well? A: This program is approved for both provider renewals and initial ACLS provider courses. However, HeartCodeÂ® ACLS Part 1 requires prior knowledge that will be applied in using the ACLS treatment algorithms.
However, Principal payment on such a loan is not eligible for deductions. Only owners of the home or co-owners are eligible for tax benefits. Under Section 24, the interest paid on the home improvement loan is tax deductible up to Rs 30,000 per annum.
DEFINITION of 'Interest Deduction'. A deduction for taxpayers who pay certain types of interest. Interest deductions reduce the amount of income subject to tax. The two main types of interest deductions are for home mortgage and home equity loan interest, and margin account interest. These deductions are allowed primarily to encourage home ownership and investment activity. Other interest deductions can come from the interest paid on student loans.