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Deduction allowed of prepayment of home loan principal

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(Querist)
24 March 2018 Should prepayment of Homeloan principal is allowed under 80C or not.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
24 March 2018 deduction for home loan principal repayment is available under 80c on payment basis. So it doesn't matter even if you are pre-paying.
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RAJA P M

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RAJA P M (Expert)
25 March 2018 Yes... Prepayment of Housing Loan Repayment is allowed under the deduction of 80C..
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