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Tax benefits home purchase

Tax queries 182 views 4 replies

I've purchase a house under affordable housing scheme in Gurgaon my "First" Home downing my savings as I was not able to get Loan....My questions are

1. Do I elligible to get tax benifit.

2. How can I claim and what are the documents I should furnish if quired.

I'm a salaried person.

Please suggest

With Regards,

Palash Das

 

Replies (4)

If you have purchased the house out of your own capital, no question of loan repayment, no interest charged, no question of any exemption/deductions !!

AGREE WITH YOU SIR

any thing in principal amount spend sir

Yes, Stamp duty & registration charges paid can be deducted  u/s. 80C


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