80 c for letout property for business purposes

Krishna (Advocate) (88 Points)

06 November 2012  

Mrs "A" purchased a house property and bought housing loan for the same during the FY: 2009-2010, she is

availing benefit for interest payment, also 80C for principle repayment. During the FY: 2011-2012, she letout

the property for business purposes, my querry is 80 C benefit is available or not? because she let out the property

for business purposes.