Section 80C deduction in case of Joint ownership of Home
This query is : Resolved
24 March 2021
A person is paying 100% EMI while he is in the joint ownership of the house and his share is 80%...So for 80C 100% of EMI paid is to be considered or 80% of EMI paid?
Other query is at present provisional IT Certificate is available on Bank website is it ok for claiming deduction as only payable word is written there?
Other query is at present provisional IT Certificate is available on Bank website is it ok for claiming deduction as only payable word is written there?
24 March 2021
1)Total amount paid by him can be claimed in 80C .
2)After completion of financial year you can get interest,principal paid certificate from bank.
2)After completion of financial year you can get interest,principal paid certificate from bank.
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