Deduction allowed of prepayment of home loan principal


This query is : Open 

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

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.

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


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