Homebuyer claims Section 80C tax deduction for home loan repayment, tax dept challenges it ITAT Panaji rules in his favour

A Goan homebuyer successfully challenged the tax department's denial of his Section 80C deduction for home loan repayment. The ITAT Panaji ruled in his favor, stating the cooperative bank was authorized to provide housing loans. The tribunal also ordered a fresh review of the unexplained cash credit issue, allowing the homebuyer to present evidence.