deduction of 80C by HUF
This query is : Resolved
15 October 2010
CMA. Sanjay Gupta Sir has solved my query regarding 80 C deduction I am really thankful to him, but an another question to Sanjay Sir is that "Paduka Publication" says that HUF can only claim four deduction in respect of 80C ie.
1. LIC
2. PPF
3. NSS (VIII issue)
4. ULIP of UTI/LIC (minimum 5 years)
please sir can u clarify my doubt about the above matter???
1. LIC
2. PPF
3. NSS (VIII issue)
4. ULIP of UTI/LIC (minimum 5 years)
please sir can u clarify my doubt about the above matter???
16 October 2010
Any individual or HUF (Hindu Undivided Family) can claim a deduction under 80C in respect of "principal amount of housing loan".
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