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Housing Loan Principle Repayment

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(Querist)
26 March 2008 Housing Loans Interest Relating to Construction Period can be set off in 5 Equal Instalments. if i have paid the priciple portion before construction period is eligible u/s. 80-c or not
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CA. Amit Daga

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CA. Amit Daga (Expert)
26 March 2008 Ya you can
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
26 March 2008 YES YOU CAN CLAIM DEDUCTION UNDER 80C



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Anand

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Anand (Expert)
26 March 2008 principal repayment doesnot have any relevance with completion of construction
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
26 March 2008 Sec 24 and Sec 80C are independent sections. Since, there is no such provision, u can claim the deduction
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CA Praveen Chopra

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CA Praveen Chopra (Expert)
26 March 2008 All are correct

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