Deduction U/s 80C
This query is : Resolved
Manoj Kumar
(Querist)
29 September 2010
could We take the deduction u/s 80C & Interest deduction under Income from house property head, if We have borrowed the funds for purchase of Home from a Individual Assessee .
Thanks & REgards
Manoj
9289384685/9311659714
Thanks & REgards
Manoj
9289384685/9311659714
CA Pramod Jain
(Expert)
29 September 2010
only interest will be allowed against the house property income, no 80c deduction can be availed.
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