Home Loan benefit more then a time

I am a salaried individual and have already availed home loan benefit once under IT. Later I sold the house 10 years back and presently residing in a rented house. Now I am planning to buy a house again and want to know can I avail home loan benefits under IT again?

Replies (4)
Quick Summary
If you've previously claimed home loan tax benefits and are now looking to buy another property, you may be able to claim them again. There's generally no restriction on claiming deductions for interest on borrowed capital, provided you stay within the specified limits. However, this benefit is typically only available if you opt for the Old Tax Regime.

Yes you can claim home loan benefits

Yes, you can... there's no bar for claiming deduction for interest on borrowed capital subject to the limit of rs. 200000
Yes can claim only if you choose Old Tax Regime
Yes certainly

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details