hello dear all
 
Let me wish u first Happy new year 2010.
 
Dear All friends.please clear crear my confusion on section 80 C.
Actually I have allotted a Flat in Noida by Noida Authority and instead of 
taken any housing loan from any bank, I have paid an amount to Noida Authority 
from my saving account during the financial year 2009-10 as a Registration 
money and Allotment Money and Installment.Now I am in delemma that Is this 
amount is deductable under section 80C or not deductable.
 
Please give me your opinion on this matter as soon as possible as my company is 
not considering this under section 80C.
 
Regards
HARI MOHAN
MANAGER ACCOUNTS
MPD REALTORS & INFRASTRUCTURES LTD. 


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