You can also allege write-offs on your own taxation against dominant and attention payments you create to your installment of your house money. The type and number of tax deduction readily available facing installment from Financial is governed by the relevant Taxation Guidelines of Bodies regarding India.
Group
Senior citizen Non Senior citizen Annual income Earnings shall be inside the ranging from 1L so you can 15Cr Focus paid down to the mortgage Interest Paid down among 0 so you can 15Cr Dominating paid back to your financial Idea Paid back around 0 so you can 15Cr
- Tax Work with
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