Hosing loan from father
This query is : Resolved
17 March 2009
My father wants to give me loan by cheque with a 10 % interest for purchase of flat.
Can i get deduction u/s 80 C for repayment of loanb and interest u/s 24 interest for housing loan.
They will issue me a letter for purpose of loan which i accept with terms and condition for loan.
ATUL SHAH
Can i get deduction u/s 80 C for repayment of loanb and interest u/s 24 interest for housing loan.
They will issue me a letter for purpose of loan which i accept with terms and condition for loan.
ATUL SHAH
17 March 2009
Yes, but make sure about all declaration.
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