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Principal paid of home loan 80c

Others 293 views 3 replies

jatin juneja

3 Points Posted on 20 March 2020

If the loan is taken by any parent for cusntruction of home and it is loan intrest and pricipal is paid by one of his child , can he claim 80ee intrest and pricipal on 80c , or only the parent can claim it?

Replies (3)

VINITKUMARGUPA

ARTICLE ASSISTANT

129 Points Posted on 20 March 2020

Claim allowable subject to conditions

CA Naveen Chand

Chartered Accountant

12739 Points Posted on 20 March 2020

ALLOWED

jatin juneja

3 Points Posted on 20 March 2020

What condition.. i think the child paying is not alwoed for child but only the owner of the property

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