I am living in delhi,i have home purchased home on loan in dehradun which is rented.I recently heard i can get full exemption in income tax rather than just 1.5.
Pls confirm.
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Query regarding home loan tax exemption
Replies (1)
ya if u have rented it then there is no limit for claiming deduction for interest on borrowed capital u/s 24 but if it is self occupied then the limit is 1.5lacs
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