Deduction u/s 80c - repayment of principal of housing loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 January 2016
Hi.
Can owner take deduction u/s 80C regarding principal repaid towards housing loan, for a let out property?
Is there any recent amendment made restricting to claim for principal loan repayment deduction u/s 80c for Let Out Property?
Can owner take deduction u/s 80C regarding principal repaid towards housing loan, for a let out property?
Is there any recent amendment made restricting to claim for principal loan repayment deduction u/s 80c for Let Out Property?
CA PARAS BAFNA
(Expert)
21 January 2016
An owner can claim deduction in respect of such residential house property , the income of of which is chargeable under the head Income From House Property. Hence you can claim deduction U/s 80C. There is no other specific recent change .
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