80C Deduction Repayment of Housing Loan

I think so you can claim the Deduction of the Repayment of Loan u/s 80C.

Regards,

Devendra Kulkarni

yes you can clim deduction u/s 80c for repayment of housing loan

can you give me the reference from the act which states it?

As per section 80C

there is deduction for repayment of

loan taken from/central/state govt/any other bank/national housing bank

for purchase or construction of residential house property.

i want to say that it is not mentioned that you must pay your loan in installment. it means you can pay it in a singal amount.

YES YOU WILL GET DEDUCTION U/S 80C

As per section 80C

there is deduction for repayment of

loan taken from  govt/any other bank/national housing bank

for purchase or construction of residential house property.

it is allowed on the basis of actual payment. 

 it is no where mentioned that you must pay your loan in installment or lumpsum.