Deduction under 80 c
This query is : Resolved
01 March 2013
can we claim deduction of principal amt repaid of housing loan u/s 80 C that is under construction.
01 March 2013
Yes, you can claim because section 80C doesn't prescribing the condition to avail the exemption of housing loan repayment of principle the construction of house should be complete. So you can claim as well as you also shall claim interest on such loan u/s 24(b).
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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