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Deduction of loan repayment for commercial building

This query is : Resolved 
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(Querist)
01 February 2012 Whether repayment of loan taken for building of commercial building can be claimed under sec. 80C and loss under house property
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
01 February 2012 Section 80 C allows only the residential housing loan principal.

Under section 24 you can claim the Interest payment as deduction
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