80 c housing loan principal repayment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2014 hello,
One of my Clint has taken loan for building 1 st floor of his own house. can he get the benefit of repayment of loan u/s 80 c ?

Nikhil Kaushik (Expert)
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26 June 2014 yes...he can claim deduction under 80C...constructing a whole floor wont be considered as improvements..

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