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Registration charges on Purchase of House

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 April 2011 Hi,
The maximum deduction allowed under 80C is 1 lakh rupees.I have bought a house and paid Rs. 1,50,000 as registration charges and i even have insurance premium amount of Rs. 50,000 p.a (8 insurances policy), totaling to Rs. 2,00,000. My query is how much deduction can i claim under 80C or any other section.

Thanks in advance
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CA Navin Jain

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CA Navin Jain (Expert)
21 April 2011 U CAN CLAIM DEDUCTION UPTO RS. ONE LACS ONLY

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