Sec 80C Deduction

This query is : Resolved 

29 March 2011 Hsg Instalment paid in FY 2007-08 of which benefit was not taken u/s 80C, whether same benefit u/s80C can be taken in FY 2009-10 Thanks

29 March 2011 80C deduction allowable on payment basis. deduction allowable only in the year of payment.

29 March 2011 80C deduction is available on payment basis. SO Housing Loan Installment paid in FY 2007-08 of which benefit was not taken u/s 80C, cannot be taken in FY 2009-10.




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