Claiming Tax Benefits for Home Loan Interest: Interest paid on a home loan can be claimed as a deduction under Section 24(b) of the Income Tax Act. For a self-occupied property, the maximum deduction limit is ₹2 lakh annually. For a let-out property, there's no upper limit on the interest, but the loss from house property that can be set off against other income is restricted to ₹2 la... https://nipunhub.com