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Duction of repayment of house loan.

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26 March 2012 CAN AN ASSESSE CLAIM DEDUCTION OF HOUSING LOAN REPAYMENT u/s 80C. for more than one house.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
26 March 2012 yes. section read as follows

for the purposes of purchase or construction of a residential house property the income from which is chargeable to tax under the head “Income from house property” (or which would, if it had not been used for the assessee’s own residence, have been chargeable to tax under that head)
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