Incredible Home Loan Interest Benefit For Income Tax In 2017 18 References. A housing loan tax benefit of up to rs 2 lakh for houses under construction can be. Under section 24 of the income tax act, one can avail of the deduction on a home loan for payment of interest tax benefit.

How much tax benefit can i get on home loan? The interest deductions shall be available. 2 lacs is on house property loss and not on interest deductions.





