Hi Sreekanth,
Loan which is taken for plot(open Land) purchasing., is comes under any tax exemption., if Yes please let me know more details about it.And also interest paying on load taken to purchse the plot is it comes any exemption please suggest me the rules and its process.
Thanks
Harish
1 Answers
Dear Harish,
No. There are no tax benefits on the purchase of a vacant plot through a home loan.
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Thankyou.
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