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Eligibility Criteria To Claim Tax Benefits on Joint Home Loans – Clix Blog

Source: https://www.clix.capital/clixblog/how-to-claim-tax-benefits-on-joint-home-loans/

Tax benefits on a joint home loan are available to all the joint owners. A joint home loan is the best way for homeowners to share the debt burden while also increasing the overall home loan amount they're eligible for. Once you get a housing loan, you become eligible for tax deductions under Section 80C and Section 24 of the Income-tax Act, 1961. If you want to take tax benefits on the joint home loan, then you should also be aware of the eligibility criteria.

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