80C deduction

174 views 11 replies
in case of 80C deduction

deduction is given for
payment of housing finance loan

principal
or
interest
or both?
Replies (11)
only for principal us 80c
interest can be claim us 24(b)
and us 80ee subject to fulfillment of conditions
thanks
but act is not clear whether principal or interest in sec 80C
only principal us 80c trust me
act use word any repayment of installment or any part of installment here not include interest only principal is covered here.
correct
thank you very much
Sir , does slump sale applies only to companies or to any forms of business like partnership, sole proprietorship
Sir , does slump sale applies only to companies or to any forms of business like partnership, sole proprietorship
for all forms of business
means apply on all forms of business
thanks sir


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