Am I missing out on property tax savings?

**Section 24 interest deduction for rented property is key.** No upper limit on interest deduction. Many miss this tax hack. How do you maximize savings?

#tax-benefits#chandigarh-investment#rental-income#section-24#property-tax

Comments

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Kavya Mittal11 May

Wow, this is huge! I thought the Section 24 limit was always 2 lakhs. Are you saying for rented property, the interest component is fully deductible? I'm looking at a 2BHK in New Chandigarh and the EMI is going to be hefty. This could be a game-changer for my budget. Can someone confirm this, please? What's the catch?

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rupali.verma411 May

Haan bhai, it's true! For self-occupied, it's 2 lakhs. But if you rent it out, the

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