You could claim write-offs on the taxation facing dominant and you will interest costs that you create to the payment of your property finance. The kind and you can number of taxation deduction available against fees out of Mortgage try influenced of the relevant Income tax Laws of Regulators out of Asia.
Group
Senior citizen Low Senior citizen Yearly income Money is going to be for the between 1L to 15Cr Interest paid off towards home loan Interest Repaid in the middle 0 so you can 15Cr Dominant paid down to the home loan Idea Paid down in the middle 0 to 15Cr
- Income tax Work for
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Disclaimer : These types of hand calculators are given to have representational motives only.