Tax Deduction for Home Loan taken from Father?

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  1. Balraj

    Balraj New Member

    I took loan from my Father for purchasing a home, which repaid to my father with intrest, can get benefit on Income tax and under which section.
     
  2. rudrabose

    rudrabose Active Member

    Interest paid to Father on Loan taken for purchase of home won't be allowed as a deduction.
     
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