Deduction u/s 80c for home loan
This query is : Resolved
30 June 2015
I need specific answers to my questions -
1. Does principal component (subject to limit, of course) paid through EMIs for a home loan qualify for deduction u/s 80C for both SOP and rented house or limited only to SOP?
2. Does principal component paid through EMIs for a home loan during the pre-constructional period qualify for deduction u/s 80C?
Thanks in advance for any response.
Regards,
B Das
1. Does principal component (subject to limit, of course) paid through EMIs for a home loan qualify for deduction u/s 80C for both SOP and rented house or limited only to SOP?
2. Does principal component paid through EMIs for a home loan during the pre-constructional period qualify for deduction u/s 80C?
Thanks in advance for any response.
Regards,
B Das
30 June 2015
Visit the following link for full disclosure regarding HP Loan:-
https://www.charteredclub.com/tax-benefit-on-home-loan/
https://www.charteredclub.com/tax-benefit-on-home-loan/
05 October 2021
1. YES. Both.
2. YES.
2. YES.
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