Deduction allowed of prepayment of home loan principal

This query is : Open

manish jain (Querist)
Follow

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

Nikhil Kaushik (Expert)
Follow

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.

Message likes : 1 times

RAJA P M (Expert)
Follow

25 March 2018 Yes... Prepayment of Housing Loan Repayment is allowed under the deduction of 80C..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess