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Tax applicability on farm house

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(Querist)
16 June 2021 I have a farm land in my name at home town.
I am availing housing loan in my name to construct farm house and expenses on landscaping.

Can I take a housing loan exemption for deduction from my salary on the interest and principal.

Experts, please advise and guide.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 June 2021 Yes, you can avail housing loan exemption and dedication.
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CA Puja Sharma

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CA Puja Sharma (Expert)
17 June 2021 Yes you can avail the exemption.




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