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    I have taken two housing loans on two different properties can I get income tax benefit on both the Home loans

    May 5th, 2010 by rupeetalk.com
  • Yes, you can get tax benefits under Section 80C and Section 24 on both housing loans. However, the total amount on which you can get tax benefits will be Rs 1,00,000 and Rs 150,000 respectively across both loans.

    Published on May 5, 2010 · Filed under: Home Loan FAQs; Tagged as: , ,
    1 Comment

One Response to “I have taken two housing loans on two different properties can I get income tax benefit on both the Home loans”

  1. NARESH NAGAR said on

    i AM LIVING IN THE RENTED HOUSE AND ALSO PAYING HOUSING LOAN REPAYMENT IN THE SAME LOCALITY OF AHMEDABAD.

    QUERRY

    CAN I GET THE HRA DEDUCTION ON THE BASIS OF RENT PAID BY ME AT THE SAME TIME CAN I GET THE DEDUCTION U/S. 80 C & 24 FOR HOUSING LOAN REPAYMENT & INTEREST ?

    PL. ADVISE
    NARESH NAGAR

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