Deduction of principal repayment
DEVENDER THAKUR (Accountant) (589 Points)
10 March 2015
If a property is let out then also can the repayment of principal be claimed as deduction u./s 80c ?
1 Replies
CA D.C. Bansal
(Accounts Head)
(283 Points)
Replied 11 March 2015
Yes, deduction will be allowed both for self occupied and let out house properties. But it should be a residential house property.
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