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Deduction under section 80 c

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(Querist)
24 June 2014 Third time loan have taken on that 80 C deduction can be claimed?

Third loan is not taken for repayment of first/ second loan.

Is there any limit for number of loan can be claimed as deduction under section 80 C?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
24 June 2014 no there is no limit......
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niketa c mehta

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niketa c mehta (Querist)
29 June 2014 The person is asking that if there is any limit on number of loan under 80 c then he will take loan on the name of his wife and wife is joint owner so she will claim the deduction.

Please give me appropriate suggestion.

Thank you so much for advice.



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Nikhil Kaushik

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Nikhil Kaushik (Expert)
29 June 2014 Niketa,

there is no limit for number of loans

the wife can claim deduction if she is also making the repayment..

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