INCOME TAX · DEDUCTIONS AND SAVINGS
Home Loan Tax Benefits: Separate Interest From Principal
Understand section 24(b), section 80C, self-occupied versus let-out property and the documents that support a valid claim.
By Vyapar Setu Online | Deductions and savings · 26 October 2026
Income Tax learning series · Deductions and savings · Article 14 of 27
Your EMI contains principal and interest, but the tax rules treat them differently. Start with the lender’s annual certificate and the property’s actual use before entering a deduction.
Year guide: Numerical limits, examples and familiar section numbers in this article refer to FY 2025–26 / AY 2026–27 under the Income-tax Act, 1961, unless stated otherwise. Income from 1 April 2026 belongs to Tax Year 2026–27 under the Income-tax Act, 2025, with corresponding provisions and numbering. Check the year before applying a rule. Official transition guidance.
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For learning and preparation. Verify the rules and official guidance for your period and circumstances before making a filing or tax decision.
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