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Sec 80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2014 Sir
I pay housing loan instalment of 2lacs consisting of 180000 interest. So i will get deduction of Rs.150000/- u/s 24. Is it possible to get balance interest of 30000/- deduction u/s 80C.
Thank you
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CA Mohit Bansal

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CA Mohit Bansal (Expert)
22 May 2014 no not possible deduction of interest u/s 80c
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Rupesh Jain

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Rupesh Jain (Expert)
23 May 2014 not possible of deduction intt u/s 80C . due to u/s 80c only repayment of loan amount will be considered.
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