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satishjuneja
Nov 26, 2010, 02:38 AM
I Purchased a Residential House in the FY 2008-09 after taking a

Housing loan from Bank in the Name of self & my Mother .We

Both hold 50% Share in loan as well as in Property.

Now in the current year (FY 2010-11 ) I have sold the above residential

House and cleared all Housing Loan.( Appox 5 Lakhs)

Kindly let me know the 80-C Rebate for me & my mother for FY 2010-11

And the limit of Amount .

AtlantaTaxExpert
Nov 27, 2010, 08:50 AM
This is an Indian tax question; this forum deals ONLY with U.S. tax issues.