Tax benefits on home loans
Guides · 10 Apr 2026
Section 80C and 24(b) of the Income Tax Act provide deductions on principal and interest components of home loans, subject to annual limits and conditions. Consult a tax advisor for your specific situation.
Principal repayment may qualify under Section 80C (within the overall 80C cap). Interest on self-occupied property may qualify under Section 24(b). Additional benefits may apply for first-time buyers under notified schemes—verify current rules before filing.
