~Priyanka MS~ (-) (536 Points)

19 February 2014  

Dear CCI friends,

HBA-House Building Advance is claimed deduction u/s 80C .Why cannot we claim deduction of this amount of HBA u/s 24? As in sec 24 we claim deduction for the interest on housing loan,then HBA can be deducted here itself ,why in 80C?  Please clarify my query soon.

Thanks in advance.