Deduction u/s 80c
This query is : Resolved
06 August 2012
THREE PERSON HAS TAKEN HOUSING LOAN.
TWO ARE PARTNER IN A FIRM.
PAYMENT OF LOAN IS MADE FROM THE FIRM'S BANK A/C.
THE BENEFIT OF INTEREST ON HOUSING LOAN & DEDUCTION U/S 80C CAN BE AVAIL BY ALL THE THREE PERSON AND HOUSING LOAN WILL BE SHOWN IN WHOSE BALANCE SHEET.
TWO ARE PARTNER IN A FIRM.
PAYMENT OF LOAN IS MADE FROM THE FIRM'S BANK A/C.
THE BENEFIT OF INTEREST ON HOUSING LOAN & DEDUCTION U/S 80C CAN BE AVAIL BY ALL THE THREE PERSON AND HOUSING LOAN WILL BE SHOWN IN WHOSE BALANCE SHEET.
06 August 2012
yes he will be eligible u/s 80C and for 24
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