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Tag Archives: Housing Loan

9 things one should know about Tax benefit on payment of Housing Loan and Interest on self occupied property (w.e.f.Financial Year 2014-15)

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The possession of the property To claim the deduction of Interest payment, the house must be completed and possession taken.  However, for taking tax benefit on principal repayment, it can be taken from the year you start repaying the loan. The Principal Repayment The principal repayment towards housing loan up ...

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