income tax query

Dear Subodh

As per section 80C , payment made towards the COST OF PURCHASE/CONSTRUCTION OF NEW RESIDENTIAL HOUSE PROPERTY is allowed .

So deduction of installment paid on behalf of purchasing a house is also available.

SORABH

subodh sharma

What type of Installments?

Is it bank Loan for purchase of House?

Dear Subodh

Yes , it include bank installment also..........

Dear Subodh,

Deduction U/S 80C is allowabale on repayment of Principale of Housing loan taken from any bank of financial institution who dfeal in housing finance. Repayment of any authority who giveing salf financing for residencial property also covered in it. Expences like stamp duty , registration money for residencial property also covered in priview of Section 80c of Income Tax act.

M agree with Brij  bhushan that deduction of Principal repayment is allowed under 80c and the interest portion u can claim under house property.......

yup

 deduction to the extent of principal amount in the installment is available u/s 80C.

even registeration charges paid are covered under 80C

Hi Subodh

I think you got the ans of your Question

 first  u file a FIR FOR LOST THE PAN CARD.THEN U APPLIED FOR NEW PAN/CHANGE \CORRECTION  CARD WITH SAME PAN