Can a salary person get exemption for interest and principal

This query is : Resolved 

07 December 2013 Eg:
A Salary person availed loan from society Rs 3.00 Lakhs (Say) for Commercial property ( Not for House property) of Rs 8.00 Lakhs. He paid the total amount of 8.00 lakhs in Cash to the vendor.Can he Claim exemption under Sec 24 and 80c.
If yes
What documents have to submit ti IT Dep.

07 December 2013 No doc is req to be submitted to it dep.

it can be claimed u/s 24 but it dept may quetion u y so much money paid in cash.


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