For-instance, in case there is Rs 20 lac loan, you can purchase work with for the whole attract paid

Work with to have Desire percentage is unique, but the benefit for care about-occupied property around Point twenty-four try capped at Rs 2 lacs each financial seasons.

You can find appeal percentage having quality value money (Rs 50 lacs) is a lot more than Rs 2 lac maximum during the initially ages. As an example, in the 1st seasons, youre paying rates of interest out-of Rs 4.96 lacs. You simply will not receive any taxation work for to your matter in excess out of Rs 2 lacs. Continua a leggere