Please Help: pre payment
Posted Date : 24-Feb-2012 , 12:03:24 pm | Posted By: Vipin
Category :
Income Tax | Answers :
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Comments :
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whether prepayment of emi s of housing loan is eligible for deduction u/s 24 and 80c |
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Answers:
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 Answer by: Mrattunjay |
| Yes, any assessee can pay repayment of loan and can get benifit u/s 80C
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| Answer by: Rambabu Senkarasetti |
| Eligible
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| Comments |
| Posted By : Kshitij Nijhawan |
24-Feb-2012, 07:33:19 |
| yes deduction will not be allowed in such case |
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| Posted By : Ravi Kumar Jhamb |
24-Feb-2012, 06:02:01 |
| Housing loan interest is allowed deduction on the basis of Accrual. Any Pre-payment of emi is not allowable deduction
because it is not accrue. |
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