Tds on salary
This query is : Resolved
14 December 2011
I have taken Loan for Purchase of House for residence purpose from our emplyee credit society. Can I take Income tax benefit u/s 80C against such Loan repayment ?
Darshit Joshi
(Expert)
14 December 2011
No.
# Loan should be taken from Specified institutions/deptt only given below
1. Central or State Government
2. any Bank including co-operative bank
3. LIC or National Housing Bank
4. public company formed and registered in India or co-operative society with main object to provide long term finance for construction purchase of houses in India.
5. Assessee Employer if public company or public sector company or university established by law or a college affiliated to such university or local authority or co-operative society.
# Loan should be taken from Specified institutions/deptt only given below
1. Central or State Government
2. any Bank including co-operative bank
3. LIC or National Housing Bank
4. public company formed and registered in India or co-operative society with main object to provide long term finance for construction purchase of houses in India.
5. Assessee Employer if public company or public sector company or university established by law or a college affiliated to such university or local authority or co-operative society.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- GST input credit on commercial property
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
