Exemption on Principal repayment of Housing Loan paid.

This query is : Resolved 

28 January 2008 Dear Peers,

I have paid 50000/- INR(principal)as repayment of loan taken to purchase a house but house is still under construction and i have started making payment to the concerned bank from whom i have taken the loan. Please let me know that any exemption under chapter VI A is available or not....Also is there is any case law on the same.

Regards

Akhil Goel

28 January 2008 dear friend
if loan is taken for construction of house
and completion certificate is not received or possession letter is not received deduction u/s 80 c is not available

29 January 2008 Dear Hemant,

Please suggest any case law on the same

Regards

Akhil Goel


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