80c deduction

Varshit Shah (Self Employed) (676 Points)

17 March 2013  
One of my client had claimed payment of principal amount of housing loan u/s 80C bt he sold this flat within 3 yrs of purchase. So as per the rule as he sold this flat within 5 yrs he required to reverse the benefits claimed by him in earlier years. So pls tell me how to reverse such claim ? Where to show? Thanking you in advance.