Is deduction u/s 80C of principal repayment of loan borrowed for repairing or renovation of home allowed ?

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Section 80C of the I T Act allows deduction of principal amount of loan borrowed for the purpose of home construction. Mehboob of Jammu Kashmir asks a different question regarding allow ability of deduction on principal payment  .Here is his question “I have take a consumption loan from Jammu and Kashmir bank for house repairs.Is…

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