Booking amount paid to builder is tax saving or not?
This query is : Resolved
09 December 2012
Respected Sir / Madam,
I had given Rs.190000 as a booking amount to the builder by cheque and the builder had given me a receipt for the same.
I want to know that, can I avail this amount as tax saving or not?
Thanks and Regards.
I had given Rs.190000 as a booking amount to the builder by cheque and the builder had given me a receipt for the same.
I want to know that, can I avail this amount as tax saving or not?
Thanks and Regards.
09 December 2012
You can claim the amount as deduction under section 80C , but upto a limit of maximum of 100000 Rs. NO OTHER DEDUCTIONS/EXEMPTIONS ARE AVAILABLE IN THIS CASE.
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