If the EMIs of Principal Ammount is being paid to the lender bank but the possession of house has not been received, can the amount paid, claimed under 80C.
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80c
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Not for underconstruction property.
Thanks.
The Agreement to sell was registered in 2014. The builder has given a letter to take fitment possesion, which i have refused. The property is unlikely to be handed over soon. The implication is that 80C benifit would elude me.
Thanks for your time.
By taking fitment possession letter you may loose many other rights as per agreement, as compared to 80C benefit!!! You have right to drag him to consumer court, for delay in promised possession, and beg for componsation for interest paid!
THANKS FOR YOUR RESPONSE.
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