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.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Gift Received from nonblood relative
- EPF FULL & FINAL RULES IN 2026
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- FTS Taxable under 115A
- Rental income gst and it purpose
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
