Kolkata-Pune-Mumbai
27349 Points
Joined October 2007
Originally posted by : lucky |
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HI EVERYONE,
REPAYMENT OF HOUSING LOAN (PRINCIPAL AMOUNT) IS ELIGIBLE FOR DEDUCTION UNDER SECTION 80-C, EVEN CONSTRUCTION IS COMPLETED OR NOT. IS THIS RIGHT (DATE OF COMPLECTION OF CONSTUCTION DOES'NT MATTER)
PLZ COMMENT ?????????????? |
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Mr. Mukesh Rawal, Pls Check .........There is No Relevancy For Construction.
Ya.. Deduction is Allowed under Section 80C , Even Construction is not Completed.
But Interest paid allowed Only After Construction completed Unser Sec 24(B)