Loan against property income tax benefit

RISHI RATHORE (ACCOUNT OFFICER) (23 Points)

03 June 2017  

I have a House loan from ICICI Bank on August 2014 Rs. 900000/-. Now I want to Home Loan Balance amount Rs. 630000/-  transferring my existing Home Loan account to another bank. with Home Loan Balance Rs. 630000/-  and additioanl Top Up Rs. 900000/- in Loan Against Proerty (LAP).

Am i eligible for any deduction u/s Income Tax Act....If yes under which head?