Exemption of housing loan instalment under Sec 80C

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 February 2011 Whether deduction is allowed under section 80(c) for installments paid even if the house is under construction. Pl reply.

CMA. Subhash Kumar Jha (Expert)
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01 February 2011 No... any benefit is available only after the possession of house.

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