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Understanding pre-EMI interest deductions on home loans: What you need to know

By Livemint - 3 months ago
Pre-EMI interest paid until March 31, 2024, can be claimed in five equal installments starting from March 31, 2025. Interest paid in 2024-2025 is deductible in the same year. Principal repaid before possession is not deductible under Sec 80C

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