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Deduction u/s 80C

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(Querist)
03 June 2016 Cost incurred towards purchase or construction of residential house from my own pocket eligible for deduction?
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 June 2016 stamp duty can be claimed u/s 80C.
Principal repayment can also be claimed.
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CA Ashish Agrawal

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CA Ashish Agrawal (Querist)
03 June 2016 Thank You Sir, any other expenditure in relation to purchase of residential house property not allowed as deduction?
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 June 2016 No.The interest on housing loan can be allowed.
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