Dear All,
If anybody pay lump sum Principal amount (of his housing loan) to Bank, in my opinion he will get Tax benefit on this amount under section 80 C please confirm!!!
CA. ANKUR JAIN
(CA.....)
(2800 Points)
Replied 03 March 2009
YEAH HE WILL SURELY GET DEDUCTION BUT UPTO Rs. 1,00,000/- U/S 80C