Can deduction allowed u/s 80C & 24(b) of loan taken for renevation or construction ( From Patsanstha)
Deepak Tapse (Accounts Manager - Taxation) (1771 Points)
22 December 2010Can deduction allowed u/s 80C & 24(b) of loan taken for renevation or construction ( From Patsanstha)
Dheeraj
(Learner)
(1100 Points)
Replied 22 December 2010
please clear your query....
please disclose all the material matter
Sunshine
(Helping All)
(10575 Points)
Replied 22 December 2010
yes deduction can be claimed for loan taken for renovation or construction
UDIT
(CMA STUDENT)
(293 Points)
Replied 22 December 2010
Yes deduction can be claimed u/s 80C & 24(b) but u should dislose the information for exact guidence.
Deepak Tapse
(Accounts Manager - Taxation)
(1771 Points)
Replied 06 January 2011
Loan taken form Credit Society for New House / Renewation and we calim deduction u/s80C and 24 b