You can even claim deductions on your own tax facing prominent and you may focus costs which you create into the cost of your home funds. The type and you can number of income tax deduction offered against cost of Home loan is actually ruled from the applicable Tax Guidelines from Authorities out of Asia.
Category
Senior Non Senior Yearly earnings Income will be inside the between 1L so you can 15Cr Attention paid for the home loan Attract Paid in-between 0 to help you 15Cr Principal reduced for the home loan Principle Paid down around 0 so you can 15Cr
- Taxation Work with
` 0
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