Tax benefits on a Second Home Loan

Is there Tax Benefit on a loan of second home, if yes how can we avail benefit?

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Yes. An individual can take a second home loan. Also, one can claim tax benefits on the second home loan. More details here.

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Yes, an employee can tax benefits on second loan too up to u/s 80C Rs. 1,50,000/- (Principal Amount) and Rs. 2,00,000/- (Interest on Housing Loan for Self).

I hope this information will help you.


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