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Diya Sharma
posted on 13 MayTax hacks beyond 80C for first-time buyers?
Has anyone actually looked into the tax benefits beyond 80C for their home loan? I'm finally buying near Whitefield, fed up of renting, but the EMI looks huge. My CA mentioned Section 24 for interest and even 54EC for capital gains if I sell something else to fund the downpayment. It's not just about the EMI vs rent math anymore. This seems like a huge save. What other hacks are there? Hope this helps someone else struggling with the numbers.
#tax-benefits#home-loan#first-time-buyer#whitefield#emi-vs-rent
Comments
Totally relate to this! My CA also told me about Section 24 for interest, it's a game-changer for the EMI burden. But 54EC for capital gains? That's new to me. I sold some shares to manage my downpayment for my flat in Akshayanagar, wish I knew about this earlier. Ab toh ho gaya, but for anyone else, this is crucial info. Any other hidden gems beyond these two?
Haan bhai, exactly! Section 24 kaafi help