assessse purchased house on loan from bank and claimed exemption of Rs.50 lakhs u/s 54 in return of income
now assessee claimed deduction u/s 80C towards principal amount of home loan repaid.
in the above case there is double deduction.. at first u/s 54 and again u/s 80C..
is the above double deduction justified..??
As per my view.,
Both sec are different nature, no more links for the above way. Assessee can avail the benefit.
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