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Ded. of intt. and repayment of principal for housing loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 May 2014 SIR, IF A PERSON HAS TAKEN A HOUSING LOAN FOR
PURCHASE OF HOUSE PROPERTY AND REPAID THE H.LOAN WITHIN ONE YAER OF TAKING THE IT AND ALSO SOLD THE HOUSE PURCHASED WITH SUCH LOAN. WHEATHER DED. FOR REPAYMENT U/S 80C AND INTT. U/S 24 WILL BE ALLOWED TO HIM.

10 May 2014 Yes deduction can be claimed.



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