Deduction 80c
This query is : Resolved
20 July 2014
if assessee has taken housing loan from bank for construction of house but property was in the name of his wife, so in this case could deduction be allowed to assessee u/s 80c ?
20 July 2014
No, because the condition 'income from which is chargeable to tax' can't be satisfied since the assessee is not the owner of the property.
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