sec. 80 C

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113 Points Joined September 2017
what is the amt that can be claimed under 80 c by joint owners ( A + B) of a house. 1.5 lakhs or 3 lakhs.
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On 09 October 2017 at 12:26 Report
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128147 Points Joined January 2015
Every person claim 1.5lakhs....
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On 09 October 2017 at 12:35
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4 Points Joined July 2017
every person can claim max.Rs.1,50,000
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On 09 October 2017 at 12:38
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Service
297 Points Joined November 2009

1.5 lacs each

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On 09 October 2017 at 12:43
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113 Points Joined September 2017
which means under 80 c total 3 lakhs.
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On 09 October 2017 at 12:44
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297 Points Joined November 2009

1.5 lakh per owner...... Maximum limit of deduction under 80C is 1.5 Lakh...... So you cannot gross it and say total 3 lakhs

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On 09 October 2017 at 12:53
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4 Points Joined July 2017
If the property is self occupied than 1.5 Lakh in single hand can be claimed against interest on house property and if the property is rented out in that case more can be taken as rebate
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On 09 October 2017 at 13:04
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113 Points Joined September 2017
the house is regd. jointly and loan taken jointly.
u/s 80 C 1.5 × 2 = 3 lakhs or
1.5 ÷2 = 75000/= each.

u/s 24 2 × 2 = 4 lakhs or
2÷ 2 = 1 lakhs each
required tax for current financial year April 2017 to march 2018.
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On 09 October 2017 at 13:36


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