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Deduction u/s 80c for home loan purpose

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 April 2013 Respected Sir,

If I borrow a home loan from L&T finance Company, which is my employer whether I m eligible for deduction u/s 80c for the principal amount of loan????

Thanks & Regards
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
01 August 2013 Yes. you are eligible for deduction of principal u/s.80C

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