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    satishjuneja's Avatar
    satishjuneja Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 26, 2010, 02:38 AM
    80 c repayment of housing loan?
    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's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

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

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