Deduction of interest/capital home loan but not used for property buying

Raman Singla (Accounts Services) (167 Points)

04 July 2019  
Suppose i took a home loan of 10 lac from any financial institution but not used for buying any property...

Can i claim deduction u/s 24(b) for interest paid and 80c for repayment of capital
case 1 If salaried
case 2 If doing business