Famous Income Tax Benefit Home Loan Interest India References. However, you must covert the plot loan to a regular home loan to avail the benefits. The income tax act allows deduction under two heads for income from commercial property (annual value):

Housing loan interest maximum deduction applicable for self. However, you must covert the plot loan to a regular home loan to avail the benefits. Housing loan tax benefits under section 80ee allow a deduction of up to rs.