Deduction under section 80 c
This query is : Resolved
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?
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?
24 June 2014
no there is no limit......
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.
Please give me appropriate suggestion.
Thank you so much for advice.
29 June 2014
Niketa,
there is no limit for number of loans
the wife can claim deduction if she is also making the repayment..
there is no limit for number of loans
the wife can claim deduction if she is also making the repayment..
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