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Home loan repayment

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(Querist)
30 January 2014 Is it advisable to repay the Home Loan (Full & final settlement)by taking funds from relatives i.e in blood relation

Pls guide with the perspective of Income Tax on salary
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pranav

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pranav (Expert)
30 January 2014 no it is not advised as you wont be able to get deduction of interest paid on loan taken.

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