Housing loan Interest & principal exemption

jitendra (Querist) 18 May 2011 This query is : Resolved
my father is 65 years of old in the year 2010 he has invested 1/3 amount to the flat of his son and the balance his son and wife got loan from bank and agreement is prepared for my father his son and wife name now son is paying principal amount and interest shall i get exemption u/s 80 c for interest and principal which son and wife paid

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adv. rajeev ( rajoo ) (Expert) 18 May 2011
Yes you will get the exemption, while claiming the exemption produce the letter from the bank to show that you are paying the HL interest and principal.