Interest on home loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 September 2011 Whether home loan taken on construction of floor on existing house will be new construction or extension/repairs/renovation ?
& Interest on home loan will be available upto Rs 150,000 or 30000?

28 September 2011 Construction of new floor will be treated as new construction and interest will be allowed upto Rs. 150000.



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