exempiton of loan on purchase of plot

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sandeep (Querist)
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06 May 2008 had been pruchased a plot at delhi on April 3, 2008. I had made full and final payment of the plot by taking a loan of Rs. 11 lakh from bank, whose recovery from my pay is Rs. 11000 pm.

Amit Sharma

Amit Sharma (Expert)
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06 May 2008 Sir your question is weird , can you be more specfic , then i could get back to you with a specific answer.

sandeep

sandeep (Querist)
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06 May 2008 I want to know tax exempiton of purchase of plot

1. Whether residential plot is coming under the word residential house property for the purpose of Sec.80C.

2.Exemption for interest accured on plot loan u/s 24 of Income Tax, 1961.

3.If a personal loan (not the Housing Loan) is taken for purchase of Plot & residential house , then whether in that case also

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