Sec 24b
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 November 2016
Dear Experts,
As we are availing the deduction of housing loan u/s 80C & 24B, pls tell me after availing these deduction till how many year we cannot sell the house
Thanks & Regards
Anil Jain
As we are availing the deduction of housing loan u/s 80C & 24B, pls tell me after availing these deduction till how many year we cannot sell the house
Thanks & Regards
Anil Jain
11 November 2016
According to section 80C if house on which principal deduction has been availed u/s 80C is sold within 5 years of purchase/construction the deduction availed shall have to be reversed.
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