I am a salaried individual and have already availed home loan benefit once under IT. Later I sold the house 10 years back and presently residing in a rented house. Now I am planning to buy a house again and want to know can I avail home loan benefits under IT again?
4 Replies
rama krishnan
(12239 Points)
Replied 09 February 2022
Yes, you can... there's no bar for claiming deduction for interest on borrowed capital subject to the limit of rs. 200000
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 09 February 2022
Yes can claim only if you choose Old Tax Regime
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