Home Loan के सारे Tax Benefits समझिये
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- Опубликовано: 6 авг 2024
- Home loan offers tax benefits in the form of tax rebate on principal as well as interest repayment.
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Let us understand home loan tax exemption available under Section 80C, Section 24, Section 80EEA, and 80EE.
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Share This Video: • Home Loan के सारे Tax ...
Time Stamps
00:00 Introduction
00:56 Conditions for availing of Home Loan Tax deduction
03:00 Tax deduction on Principal repayment
04:50 Tax Deduction on Interest Repayment
06:13 Calculation of Income from House Property
10:27 Additional Tax Deduction u/s 80EEA
11:00 Tax Deduction u/s 80EE
12:15 Bonus Tip
होम लोन मूल छूट के साथ-साथ ब्याज चुकौती पर कर छूट के रूप में कर लाभ प्रदान करता है। आइए हम धारा 80 सी, धारा 24, धारा 80EEA और 80EE के तहत उपलब्ध गृह ऋण कर छूट को समझते हैं।
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How do you claim tax benefit on home loan?
Can we get tax deduction on principal repayment?
What is section 80EEA of income tax?
Can we get tax deduction on interest repayment?
In FY 2019-20 how many house properties we can claim as self-occupied?
What are the additional deduction for first-time buyers?
What are the conditions for tax deduction on home loan?
What is the maximum limit of interest on housing loan exemption?
In budget 2019 how much is tax exemption for home loan?
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Hope you liked this video “Home Loan Tax Benefit in 2019-20” 
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Abhi tak itr file karne ke liye kisi professional ko dhundhna padta tha . But is bar self file kiya. Thank you
Sir aap ne "CA" Logo ki pungi baja di hai, Nowdays i am getting good knowledge about tax.you are doing great job..!! I appreciate that..👍
I oh uuu ugly u jud uu you gu u I'll OP
People like you actually who are unaware of CA are trying to make fun but if I tell you CA is not only for tax saving but there are lot other things infact tax saving for an individual is just a trivial thing for CAs so jo tune kaha ki pungi baj gayi woh teri nadani hain
Thank you sir. Your explanation is clear and to the point. Very useful video. Would love to see many more. 👍
Sir apki videos Sabse best knowledgeable nd very helpful video h..thnku sir
I trust only on ur videos related finanace bkz it is always clearly covers all -ve and +ve point. Thank u so much.
Mr Yogi defintely good video. You are quick, do not drag and to the point. First time I have subscribed a video. Pls continue the good work
Wow! What a nice explaination.Thank u sir.You are better than CAs
Hello Sir, Thanks for this very informative video. Please make a video on AMC i.e. Asset Management Company.
Sir aap ko jitni thanks kiya jaaye utna kam hain..THANKS A LOT
Hope it's helpful
make video on Pradhan Matri Avaas yojana and its procedure and calculation from bank point of view.
Mukul bhai aap bahut acha samjhate hain mai hamesha apki video dekhta sabse best part hai ap pe trust kar sakte hain aur apki sadgi , kripya isi tarah bane rahna
Very informative as always, pl make next video on joint investment as bought out in your closing comments of this video
Excellent.
Please give an eg on how much one can save tax if he comes under 30L tax bracket or 20L tax bracket.
thanks yesterday i requested for this...all doubts clear..thanks a lot
Glad to hear that :)
Sir great video. can u please make a video of latest tax benefit on home loan after budget 2020. Thank u
Thanks, it was very helpful.
How come IDC and interest paid on loan are different deductions? Suppose I have taken a loan and construction is ongoing. I'm paying the loan interest. So can I deduct the interest paid under both idc and income from property(interest paid on loan) simultaneously?
VERY GOOD INFORMATION GIVEN THANKS A LOT
Good job mr yogi. Your videos are good and quite helpful. Stay blessed and safe
Thanks Tabish :)
Very informative video .Thank you !!
sir ye clame kaha kisko karenge ? govt or bank ? aur isko kab karenge possession k bad ? plezse guide me dear sir ,as usual great vedio again masha Allah meri duwa apke sath hai
Thanks, very well explained on Home Loan Taxation. 1 Doubt Sir.. If before end of financial yr If get possession or occupancy certificate from Private builder for a Flat in an Apartment. (Though all other areas like park, club house, swiming pool etc yet to complete.) Can we claim Tax Deduction u/s 24- 2L & 80EEA 1.50L. Do we hv to upload completion certificate of Builder ?
I really wish you would have given more insight to section 80EEA.. Like for metro cities they have some different rule and other things you might have included..
I myself was searching for that thing in your this video. :/
Any more info on this please?
In the example of section 24 is the Interests on home loan and IDC on same project? What is the difference between two?
Sir plz make video on short term capital gain and long term capital gain tax on equity and their set offs
Knowledge provided is highly professionalled
What if I have a residential plot, do I need to pay any extra taxes or can I get any tax rebates?
Hello sir ,I want to you make a vedio those topics are about the current information ESI calculation and different a/c, gratuity calculation, salary structure and bonus calculation,gross calculation ,plz make a vedio individual bcz I have watched the your vedio is epf about that very good way to told everything's.i have impressed your vedio. you're doing great work.i lub your teaching style keep on it's.
It's good information video about home loan tax savings. Only one information need . in 80EEA only home loan should be taken in 2019-20 yrs or previous yrs also.
Taken in 19_20only
I really wish you would have given more insight to section 80EEA.. Like for metro cities they have some different rule and other things you might have included..
I myself was searching for that thing in your this video. :/
If I own one Home and buy 2 resale homes by taking home loan on both homes and let out both these homes on rent during 2020, then can I show loss from house property for both these homes and can I adjust total interest paid ( Rs. 9 lakh ) on these home loans against tax deducted from my salary income ?
Very nice, I am waiting for savings on joint property video.
Sir in let out property ,there is no restigation of interest payment .but as per your video it is 2 lacs
In Case of Joint Borrower of Home Loan, Can two persons file 60-40% of tax rebate instead of 50-50 %?
Thanks for the informative video. I would like to know if one has two home loans, would he be able to claim 2L deduction for each home loan or 2L for all home loans together??
Emi pe loan le 8537836239,,
Sir your channel is one of the best channel on youtube, all of your videos clears all my doubts and filled me with all your valuable knowledge. Thank you sir for your contribution into this world.
Emi pe loan le 8537836239,,
Sir, Transfer your Existing Home Loan with SBI. is per video banaye
One more point -
In 80C you can claim stamp duty charges as well
Thanks for the informative video..It would be of great help,if you can make a video on benefits of joint loan!!
Watch this video: ruclips.net/video/43jI8CfoSWk/видео.html
Very helpful video. Thank you for detail information.
My pleasure
Hello sir...
Plz make video on how to answer or rply to income tax dept notice...
You rock! Whoever needs to buy house, I have recommended to watch your channel!
Thanks for your support!
Hi
Thanks for sharing very imp info. My home loan starts in 2017 and was paying PRE EMI. From Feb 2018 I started paying EMIs and got the Flat possession as well. So for the Assessment year 2019-20, I have done the calculation for SEC 24 as below
2017-18
PRE-EMI INTEREST Rs. 54,573.00
2018-19
PRE-EMI INTEREST Rs. 1,83,721.00
EMI COMPONENT Rs. 36,615.00
Total PreEMI = 238294/5 = 47658
(As PRE Emi Interest can be claimed only 20% for 5 years)
Total Interest = 47658 +36615 = 84273 (This amount will go in SEC 24 Interest payable on borrowed capital)
Does this calculation look good to you?
OR can I claim anything in SEC 80EE?
Whether you have uploaded a video for calculation of rebate on interest of home loan for financial yr 2020-21.
hi Sir, Please make a new video on home loan taxation...things have changed now clearly...really appreciate that... Thank you !
Reg. Additional 1.5 lac rebate where property must not exceed 45 lac.
I am purchasing a flat where the deal value is 44 lac but Gov. Circle rate is 47.5 lac.
Am I eligible for additional 1.5 lac rebate?
Hi Sir. Thanks for sharing all this information in a fantastic way. I've availed home loan and it was sanctioned on 10th May 2018. By terms I'm not sure if I am eligible for any of the 80EE or 80EEA benefits. Is this a ghar ka na ghat ka situation or is there any way I can claim any of these additional deductions ? Awaiting your response. Appreciate your help here.
Very clear view, thank you sir👍
Keep learning Khaling :)
Sir, ek important scenario cover nahi kiya in case of construction goes beyond 5 years.
For example, if I have taken a loan in 2009 and got possession in July 2019.
then Can I take rebate for current year as Rs. 30000 + ( interest of 10 years / 5) = Maximum Rs. 200000
Your way of explanation is satisfied. Please slow your speed of explanation...
Raju Trivedi
Thanks Raju.
Sir in video you mentioned there is no limit of deduction in Letout but you considered 2.5lakh..please clarify
Sir please make a video on tax benefit to disabled persons. Also if both husband and wife are disabled.
Awesome video as usual...sir, can you please make a video on taxation on mutual fund especially SIP .
Emi pe loan le 8537836239,,
Is property value = price before construction+ construction charges ??
Please clarify
Very informative. Please make a video on joint home loan benefits which you suggested at the end of this video. Thank you very much.
Can we claim tax benefit on Home loan processing fees and mortgage fees paid to bank ?
If yes, under which section ?
Sir agar property ya apna Ghar resale kharida hai to kya kya bathe dyan me rkhna chhaiye...sir plz ispe ek video banaee
Sir shall I claim interest amount of top-up homeloan for tax exception?
Thank you sir
Can I take loan to reconstruction of house which is in name of my father? Do I get all the tax benefits as you mentioned in the video?
Sir ye principal amount kya hota hai ?? Isme byaj (intrust) juda huwa hota hai ya nahi ar hame kaise malum chalega ki ye mool loan hai isme kisi tarah ka intrust nahi hai.manlo maime 20 lakh ka loan liya hai isme 18000 emi hai to isme principal kya hoga ar intrust kya hoga ??
Sir.. thank you so much great video..👍👍
Thankyou
I have till date not caim any stamp duty cost ,so later means current year i can claim it ? pls reply
Great Video! Could you please help us further by sharing your views and analysis of overdraft home loans like SBI maxgain.
Very informative video 👍
Sir if we are buying land for house construction, can we get a home loan for both buying the property and construction?
Suppose the land cost is 30L and construction cost is 20L. So can I get a home loan for 50L?
Is PMAY SUBSIDY INCASE OF HOME LOAN to be shown as other income?
Sir, maine 30L ka joint loan liya hai ek 3bhk flat ke liye. Abhi yeh under construction hai. Aur maine 7L (without loan, from my savings) use kiya hai ek dusra property ke constructoin ke liye mere home town me. Mere pass kya kya options hain tax savings ke liye?
All doubts clear only here...Keep it up👍
Glad to hear that Nagesh :)
*Sir can I claim rent paid under 80GG for my home in delhi even though I have a self occupied home in Bhopal city. Pls reply sir*
80EEA, can we take this deduction every year or its only for purchasing year?
Hi, two queries:
1. For self occupied properties if we are paying municipal taxes and yearly maintenance, can we show them as losses?
2. In case of joint owners and joint loan, if only 1 owner actually is repaying the principal and interest (emi) can still both the owners claim principal and interest separately?
Thank you.
@Asset Yogi -- can you please answer this question.
The one who actually paying the same from its income is eligible to claim deduction.
For self occupied property AGV is nil, hence no deduction for anything except interest on loan
Sir can I claim only 2.0 lac interest....Is there any provision to carry forward the interest amount.....As my interest amount is around more than the exempted liMit.....Please suggest
Hi Sir, This is little urgent.. can you make video on below question.
If I am not taking any loan and I am putting money in house construction then how I can save tax.
Thanks sir, for helping us.
Sir i have one doubt if i take home loan in current year 2023, so can i claim it in the current year or not ?
Thanks for information sir , can you let me know for 80EEA deduction do we need possession of house or it also applicable for under construction project ?
It is only after possession.
Hello sir, which slab of income tax is better for salaried person with home loan?
As usual awesome👍
Sir I have purchased a flat in 2012 which I sold in 2018. Presently I don't have any property. Now I want to buy a new house of rs 40 lakh can I get the benefit of tax saving of rs 3.5 lakh
Sir Pradhan mantry Awas yojna jo hai, jb uska amount milta hai to jo duction hota hai vo principle amount se hota hai ya interest amount se
Sir I have purchased under construction flat in may 2014 and still construction is going, so possession letter has not received, shall I claim principal and interest if I received possession in 2020. Thank you in advance for your help.
बहुत he achi जानकारी मुकुल जी,👌🏻👌🏻😊😊😊🇮🇳🇮🇳🇮🇳🇮🇳🙏🙏🙏🙏🙏🙏
Dhanywaad
😊🇮🇳🙏
Hello sir ,
If my property is under construction can I claim that interest now ? Or only after I occupy the property
Can we get an updated video on Home loan Tax Benefits for FY 2022 ?
Hi Sir...(1) Which is the best reliable full service broking firm with less brokrage ???? (2) which one better discount broker or full service??? (3) where is money safe with full service broker or discount broker...
thank you very much sir. much appreciated.
Glad it helped
Please make video on ITR 2 FILLING INCLUDING LTCG/STCG WITH EXAMPLE
Sirji can you plz make vedio on derivatives products on Indian market such as option futures n swaps
If I have spent money in Renovation/Alteration/Repair work. Can I claim loss from house property.
Repair and renovation provision Kay hai ..mere repairs ke 3 loan account hai
Hello sir,till how many years can we claim principal amt for the entire construction time or not?
Good explanation
Sir agar joint home lone hai and property wife ke name se register ki hai to tax banifit pura husband le sakta hai for total principal amount per
@Mukul Bhai
Itne Sare Payment Apps Agaya Hai Confused Hogaya Hoon ki
Konsa Wala App Use Karoon ..
Ispe 1 Video Banado ki konsa app best hoga.
Please Mukul Bhai.
What will happen if i have already claimed deduction on an under construction property previously?
Hello sir, pls make a video on PMMY Yojna loan and explain if it will be profitable to take a loan of 10lakhs assuming that the business runs smoothly.
I have taken home loan in 2013 which was eligible under 80EEA that time for Rs. 50000. Upto when the same loan will be eligible under 80EEA. Whether the same will be eligible for the current financial year also ?.
Sir home construction (extension) ke liye lic se 25 L ka loan liya tha property mother ke name chal rahi hai. Loan liability humne (husband wife) li thi tex benefits ke liye kay karna chahiye ...pls suggest
@AssetYogi can we claim principal amount for under construction property after buying under construction property