Hey all....
my frnd is planning to buy a flat....which will cost him around 25,00,000...and possession wl be in Dec 2012.He is himself making a payment of 15,00,000 as his own contribution.....my ques is that can he get the deduction u/s 80C as repayment of principal amount.......i got the doubt bcoz amt that he is gng 2 pay is installment amount and constuction is not yet completed......
n if yes....what document does he require to submit to the HR...
Plz guys help me out on this........
bye, hv a good day....
Aditi
CAclubindia
