Repayment of principal amount Housing loan

HULASH KUMAR CHOUHAN (Student) (156 Points)

02 February 2011  

Hi Friends...

 

A man had buyed a flat on 04-04-2008 for Rs. 9,63,000. for buying this flat he had taken a loan for Rs. 7,65,00/-.and sold the same flat on 07-01-2010 for Rs. 9,25,000. He also repaid the whole loan amount.

so can he claim the Housing Principal U/s 80C or not and also interest amount U/s 24B.

Please reply as soon as possible...

Thanx..