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In principal of loan repayment eligible for ded under 80cc for land purchase for construction house

(Querist) 22 January 2015 This query is : Resolved 
i applied for a plot of land for construction of a house in dlf township in lucknow.

though the loan is for land purchase, the agrreement states that the house shall be constructed on that land.

am i eligible for rebate of principal on housing loan taken

i am aware that loan is enligible for purchase of a house

this is a case of land for construction untimately of a house in terms of the agreement with the seller, dlf

vinay kala

jan 22,15
venkatesh Rao (Expert) 22 January 2015
put your query in CAclubofindia.
Rajendra K Goyal (Expert) 23 January 2015
Refer your tax consultant.


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