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80C DIDUCTION ....

This query is : Resolved 
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(Querist)
02 February 2011 one of my Client purchase a house....
purchase price of house is 6,00,000
he take a lone of5,50,000
Loan installment towards principal amt. is36,000

how much amount he can claim as a deduction...?

Can he claim 50,000 (6,00,000 - 5,50,000) as deduction .....????
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
02 February 2011 Loan installment towards principal amt. Rs. 36,000
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Guest

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Guest (Expert)
02 February 2011 Plus interest on loan
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