Section 80C
under sec 80c, one gets a tax rebate on home loans up to a limit of Rs 1 lakh i.e principle component. One may not be getting much benefit out of it as one may be using this sec by going in for provident fund subscription.
Section 24
Sec 24 allows one to get rebate on interest up to a limit of Rs 1.5 lakh. This is an avenue which helps one to get the rebate from a segment which goes moe or less unutilised.
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