Deduction in sec 80c

This query is : Resolved 

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 .

Thank you in advance

20 May 2008 if you are co borrower then it is available otherwise not

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




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