20 May 2008
Dear Sir, My Query Is Regarding Home Loan or repayment of home loan , if loan is taken by in name of my mother,than i will get deducation of repayment of principal amt or not , if i want to deducation than how can i get it .
20 May 2008
UNLESS YOU ARE BORROWER OR CO APPLICANT TO THE LOAN,YOU CANNOT GET DEDUCTION OF HOME LOAN PRINCIPAL PAYMENT AS A DEDUCTION UNDER SEC 80 C. R.V.RAO