Dedcution u/s 10(13a) & housing loan u/s 80c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 December 2012
Can i take both the below mentioned deduction from total Income
1) U/s 10(13A) for House Rent Paid &
2) U/s 80C for Housing loan taken for purchase of residential property which in under construction.
1) U/s 10(13A) for House Rent Paid &
2) U/s 80C for Housing loan taken for purchase of residential property which in under construction.
21 December 2012
Yes you can take the benefit of both the section under certain circumstances like:
a) The construction of the house is not yet completed and you are still living in a rented house.
b) You are living in a place other than the place where your own house for which the loan is taken...
etc..
a) The construction of the house is not yet completed and you are still living in a rented house.
b) You are living in a place other than the place where your own house for which the loan is taken...
etc..
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