Tax exemption under personal loan taken for house renovvatio

There no deduction of of Interest on personal loan

Not agree with Deepak Ji

Section 24(b) of the Income Tax Act provides relief to home buyers, giving them tax deductions on loans taken to buy a residential property or to renovate it. If you use the personal loan towards the down payment for the purchase of a house, then you can claim tax exemption. If you use the loan amount to pay for home repairs, renovation, or for reconstruction, all these are also considered valid expenses for tax deduction.

You cannot claim deduction on the principal amount of the loan, but the interest paid on the loan can be utilized for tax deduction.

In simple words you can claim this interest on personal loan as a deduction from your taxable income.

Thank you Vishalji for updating me