09 August 2018
IF I OWNED ONE HOUSE PROPERTY THEN DEDUCTION ? AND I WILL BUY ANOTHER H.P THEN DEDUCTION? *BOTH ARE ON LOAN CAN I CLAIM 80C ON BOTH PRINCIPLE AMT SIMULTANEOUSLY?
09 August 2018
If both the houses are purchased/constructed from housing loan taken from the parties mentioned in 80C (xviii)(c), then principal amount repaid on both the loan is eligible for deduction u/s 80C.
27 July 2019
THANK YOU SIR FOR YOUR GUIDANCE. I HAVE ONE MORE QUESTION IF ANY ONE MAKE REPAYMENT OF HOUSING LOAN BUT TILL DATE SALE DEED NOT EXECUTED WHETHER HE IS ELIGIBLE TO CLAIM UNDER 80C ?
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