Deduction in u/s 80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 July 2014 Dear experts,

A person who has borrow a loan from LIC for a auto and he is paying installment with interest. Can he take deduction u/s 80c for interest amount or not.

Please help us.


09 July 2014 No, he cannot take deduction.

09 July 2014 No, he cannot take deduction.

09 July 2014 No such deduction is available u/s 80C.

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 July 2014 thanks to all of you for giving a suitable suggestion .....


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