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24 June 2014 we took loan of 12lakhs @ 10.25 interst for construction of house whose value 39lakhs and emi is 27500 and we already own one house can we get any deduction or exmpetion frm tax

24 June 2014 you can get deduction under 80c and section 24...but no deducted under 80ee.

25 June 2014 you can take intt exemption u/s 24(b) and loan repayment amount u/s 80C.




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