Hi,
I have booked a flat and taken loan from SBI. It is construction linked plan i.e. whenever builder will demand for money bank will pay that money and bank will charge EMI from me.
My question is
Can i get tax exemption under section 80 C for repayment of home loan (Only principal amount)?
I have checked on various sites. I got contratictory answers. Some say, I can get rebate in the same year i am paying but some say after getting possion i'll be eligiable to get the tax rebate.
I am confused now. Can you help me?
