Duction of repayment of house loan.
This query is : Resolved
26 March 2012
CAN AN ASSESSE CLAIM DEDUCTION OF HOUSING LOAN REPAYMENT u/s 80C. for more than one house.
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)
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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