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Deduction u/s 80c

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(Querist)
11 June 2013 Dear sir,
If we are purchase an electronic goods in EMI basis. EX. EMI amt is 1850 p.m. total amt will 22200 pa. this amount is eligible for deduction u/s 80C.
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
11 June 2013 No no electronic goods is not at all available as deduction u/s 80 C.
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Veera Narayana Reddy.K

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Veera Narayana Reddy.K (Querist)
11 June 2013 thank you sir,
If we take loan then loan repaid in Instalment basis then that amt will be eligible or not?
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
11 June 2013 No veera. Its not for electronic goods. Its for housing loan repayment.
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Veera Narayana Reddy.K

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Veera Narayana Reddy.K (Querist)
11 June 2013 Thanks Sir, if we take loan from Financial Institutions then..
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Veera Narayana Reddy.K

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Veera Narayana Reddy.K (Querist)
11 June 2013 Thanks Sir, if we take loan from Financial Institutions then..
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
11 June 2013 It is not at all available for electronic goods. ok Veera.

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