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Tax Benefits on Purchasing Property through a Home Loan as per the Income Tax Act

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Month: January 2024

Tax Benefits on Purchasing Property through a Home Loan as per the Income Tax Act
Indian Taxation and Planning • January 27, 2024
Tax Benefits on Purchasing Property through a Home Loan as per the Income Tax Act

Purchasing property through a home loan is a significant financial commitment, but the Indian Income Tax Act provides several benefits that can ease the financial burden. These benefits encourage home ownership and make it more affordable by allowing borrowers to save on taxes. Here’s a detailed look at the tax benefits available under various sections of the Income Tax Act… Read more