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Home Loan benefit more then a time

Tax queries 237 views 4 replies
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Sr Executive (Taxation)
44 Points Posted on 09 February 2022

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?

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On 09 February 2022 at 18:58 Report
Replies (4)
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114 Points Posted on 09 February 2022

Yes you can claim home loan benefits

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On 09 February 2022 at 19:13
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12244 Points Posted on 09 February 2022
Yes, you can... there's no bar for claiming deduction for interest on borrowed capital subject to the limit of rs. 200000
35 Reply
On 09 February 2022 at 19:37
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CFO- at NHTF
58280 Points Posted on 09 February 2022
Yes can claim only if you choose Old Tax Regime
59 Reply
On 09 February 2022 at 21:53
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Profession Business
28196 Points Posted on 10 February 2022
Yes certainly
44 Reply
On 10 February 2022 at 19:07


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