India Real Estate - Questions and Answers-

Untitled Document

Home

Get email alerts as people answer this question

Tax Exemption on Mortgage Loan?

Hello, I would like to know in detail if possible, whether in India Interest on Mortgage loan avails for any Tax exemption like 1 in Home loan. As per m knowledge Mortgage Loan is considered to be a part of Home Loan. Pls do reply.

Asked by

Ashwin S Chettiar (1) in category Home Loans & Property Financing on Aug 27 at 1:40 pm

Please do not misuse this website for spamming or link exchange or we will block your computer out permanently

Your Answer

Answers (1)

First Answer

Hello

The interest paid on mortgage loan can not be claimed the tax exemption and can not be consider as a home loan.

Regards. PRASHANTH

Answered by

Prashanth, on Aug 30 at 1:14 am

(0) Report Abuse

Ask your question

All Categories

Real Estate Investing

(64)

Home Decor And Gardening

(4)

Home Loans & Property Financing

(78)

Brokers & Agents

(13)

Builders & Developers

(7)

Nri / Pio Queries

(9)

Property Taxation Queries

(19)

Real Estate Legal Queries

(15)

Vaastu Shastra & Fengshui

(1)

Rules, Regulations For Real Estate In India

(4)

Building Materials

(1)

Building Designs & Architects

(1)

Real Estate Services

(9)

Send this question to a friend

Friend's email:
Your email:
Your Name:
Message:	I think you would find this link useful. Tax Exemption on Mortgage Loan?

Send this question to a friend

Friend's email:
Your email:
Your Name:
Message:	I think you would find this link useful. Tax Exemption on Mortgage Loan? Abodes India Forum