home loan under which saction

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how home loan save income tax?
Replies (4)
Deduction of interest under section 24 B And deduction of principal repayment under section 80 C
Tanku
But maximum benefit under section 24 B for interest is Rs. 2 lakh in a year and Rs. 1.5 lakh under section 80C...so plan accordingly
u/s 80EE additional deduction of 50000 is also available for payment of int on hb loan for first time buyer of a house property.

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