Home loan tax exemptio

SIVAKUMAR DK (3 Points)

02 August 2021  

Hi Team,

My father is the owner of our home. I.e., property is under my father's name. I am planning to take home loan during this year. I do have list of questions on taking the home loan.

1. Can I get tax exemption during this year.

2. How much can be exempted under 80C?

3. Do I need to get the home loan under my father's name/my name?

4. What are all the documents to be submitted on filling the ITR

Looking for your help and support.

Thank you in advance.