Home Loan Tax Benefits — Section 24 & 80C
Deduction on home loan interest (24b) and principal (80C) within statutory limits.
- ✓₹2 lakh interest cap (self-occupied)
- ✓₹1.5 lakh 80C principal
- ✓Let-out property rules
Tax benefit on Bharosa personal loan?
Personal loans are generally not tax-deductible unless used for eligible business/home purposes.