80 C
This query is : Resolved
02 February 2009
if a person has taken a loan for the purchase of plot of land
its emi includes interest as well as principal
interest would be allowed as preconstruction period interest after the completion of house
my quary relates to the principal component of the emi whether that will be eligible for the purpose of 80c or not
its emi includes interest as well as principal
interest would be allowed as preconstruction period interest after the completion of house
my quary relates to the principal component of the emi whether that will be eligible for the purpose of 80c or not
02 February 2009
Principal portion of pre EMI payment will not qualify u/s 80C.
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