26 August 2012
Dear all, I have sold a resi.property in March 2012. I had taken a home loan on this prop.in the year 2008. can i get the rebate under 80 c for the principal paid on the loan in the year 2011-12.I pre paid the loan in March 2012 itself. Is it compulsory to hold a prop. for 5 years to claim the rebate under 80 c
Guest
Guest
(Expert)
26 August 2012
You can claim deduction u/s 80C upto maximum 100000/-