Home Loan के सारे Tax Benefits समझिये

Рет қаралды 545,447

Күн бұрын

Home loan offers tax benefits in the form of tax rebate on principal as well as interest repayment.
Sign-up to our new app for discounts and early access:
✔ assetyogi.com/sign-up/
-----------------------------------------------------------------------------------
Let us understand home loan tax exemption available under Section 80C, Section 24, Section 80EEA, and 80EE.
Related Videos:
1. Tax-Saving Tips & Investments under Section 80C - • Tax Saving Tips & Inve...
2. Save Income Tax In India With No Investment - • How To Save Income Tax...
3. Income Tax Return (ITR 1) Filing - • Income Tax Return (ITR...
4. HRA- Calculation and Tax Exemption Rules in 2019 - • HRA (House Rent Allowa...
5. Income Tax Slab & Calculation - FY 2019 20? - • Income Tax Slab & Calc...
-----------------------------------------------------------------------------------
Share This Video: • Home Loan के सारे Tax ...
Time Stamps
00:00 Introduction
00:56 Conditions for availing of Home Loan Tax deduction
03:00 Tax deduction on Principal repayment
04:50 Tax Deduction on Interest Repayment
06:13 Calculation of Income from House Property
10:27 Additional Tax Deduction u/s 80EEA
11:00 Tax Deduction u/s 80EE
12:15 Bonus Tip
होम लोन मूल छूट के साथ-साथ ब्याज चुकौती पर कर छूट के रूप में कर लाभ प्रदान करता है। आइए हम धारा 80 सी, धारा 24, धारा 80EEA और 80EE के तहत उपलब्ध गृह ऋण कर छूट को समझते हैं।
Subscribe To Our Channel and Get More Finance Tips:
/ @assetyogi
To access more learning resources on finance, check out www.assetyogi.com
How do you claim tax benefit on home loan?
Can we get tax deduction on principal repayment?
What is section 80EEA of income tax?
Can we get tax deduction on interest repayment?
In FY 2019-20 how many house properties we can claim as self-occupied?
What are the additional deduction for first-time buyers?
What are the conditions for tax deduction on home loan?
What is the maximum limit of interest on housing loan exemption?
In budget 2019 how much is tax exemption for home loan?
Hit the bell icon, Click the Like button & share the video.
Other Great Resources
AssetYogi - assetyogi.com/
Follow Us on:
Instagram - / assetyogi
Twitter - / assetyogi
Facebook - / assetyogi
Pinterest - / assetyogi
Linkedin - / asset. .
Hope you liked this video “Home Loan Tax Benefit in 2019-20”

Пікірлер: 486

@AssetYogi 10 ай бұрын

Join All-In-One Video Finance App here: vidfin.com/ Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.

@samantdeee 4 жыл бұрын

Abhi tak itr file karne ke liye kisi professional ko dhundhna padta tha . But is bar self file kiya. Thank you

@Sa...2418 5 жыл бұрын

Sir aap ne "CA" Logo ki pungi baja di hai, Nowdays i am getting good knowledge about tax.you are doing great job..!! I appreciate that..👍

@guravrupesh948 3 жыл бұрын

I oh uuu ugly u jud uu you gu u I'll OP

@folkfables4413 3 жыл бұрын

People like you actually who are unaware of CA are trying to make fun but if I tell you CA is not only for tax saving but there are lot other things infact tax saving for an individual is just a trivial thing for CAs so jo tune kaha ki pungi baj gayi woh teri nadani hain

@nomadexplorer6682 3 жыл бұрын

Thank you sir. Your explanation is clear and to the point. Very useful video. Would love to see many more. 👍

@sanjaysahu-il7hu 5 жыл бұрын

Sir apki videos Sabse best knowledgeable nd very helpful video h..thnku sir

@shibuphilip499 4 жыл бұрын

Mr Yogi defintely good video. You are quick, do not drag and to the point. First time I have subscribed a video. Pls continue the good work

@RAKESHHOLKAR 4 жыл бұрын

I trust only on ur videos related finanace bkz it is always clearly covers all -ve and +ve point. Thank u so much.

@pari6002 4 жыл бұрын

Wow! What a nice explaination.Thank u sir.You are better than CAs

@mannujain09 3 жыл бұрын

How come IDC and interest paid on loan are different deductions? Suppose I have taken a loan and construction is ongoing. I'm paying the loan interest. So can I deduct the interest paid under both idc and income from property(interest paid on loan) simultaneously?

@anupssa8995 5 жыл бұрын

Very informative as always, pl make next video on joint investment as bought out in your closing comments of this video

@dipakpatil3083 5 жыл бұрын

Hello Sir, Thanks for this very informative video. Please make a video on AMC i.e. Asset Management Company.

@sanatanmeaning 4 жыл бұрын

Sir aap ko jitni thanks kiya jaaye utna kam hain..THANKS A LOT

@AssetYogi 4 жыл бұрын

Hope it's helpful

@siddharthsharma9685 Жыл бұрын

Mukul bhai aap bahut acha samjhate hain mai hamesha apki video dekhta sabse best part hai ap pe trust kar sakte hain aur apki sadgi , kripya isi tarah bane rahna

@shantanumarathe7158 5 жыл бұрын

make video on Pradhan Matri Avaas yojana and its procedure and calculation from bank point of view.

@arrkvlogs1987 5 жыл бұрын

Sir I have purchased under construction flat in may 2014 and still construction is going, so possession letter has not received, shall I claim principal and interest if I received possession in 2020. Thank you in advance for your help.

@rahulraj148 3 жыл бұрын

*Sir can I claim rent paid under 80GG for my home in delhi even though I have a self occupied home in Bhopal city. Pls reply sir*

@UdaySingh-im4hd 4 жыл бұрын

Sir, maine 30L ka joint loan liya hai ek 3bhk flat ke liye. Abhi yeh under construction hai. Aur maine 7L (without loan, from my savings) use kiya hai ek dusra property ke constructoin ke liye mere home town me. Mere pass kya kya options hain tax savings ke liye?

@harsimranjeetsingh5909 5 жыл бұрын

Reg. Additional 1.5 lac rebate where property must not exceed 45 lac. I am purchasing a flat where the deal value is 44 lac but Gov. Circle rate is 47.5 lac. Am I eligible for additional 1.5 lac rebate?

@MeUnfood Жыл бұрын

Sir, Mai abhitk rent se reh Rahi hu and Jan 2023 me flat lene ka soch rhi hu toh mera HRA consider nhi hoga kya for March 2022 se Dec 2022 and flat purchase ke liye loan lena hai 5lac ka toh tax deduct kr skti hu kya

@abhijitshaw7676 Жыл бұрын

Sir, mera ek two storied ka home loan chal raha hai, loan 2 storied building k pura mila, but expenditure jyada hone s ground floor conplete nhi kar paya aur abhi mai 1st floor k finishing kar 1st floor m reh raha hu aur section 24 claim kar raha hu. Abhi May 2023 ground floor complete karne k liye fir s home loan liya hu, jisme purpose diya "residual work for existing home loan under Home Loan, Housing Finance Scheme" . Abhi mai in dono home loan s maximum kitna tax exemption le sakta hu.

@theertaprasad 5 жыл бұрын

Excellent. Please give an eg on how much one can save tax if he comes under 30L tax bracket or 20L tax bracket.

@ashesh242 5 жыл бұрын

thanks yesterday i requested for this...all doubts clear..thanks a lot

@AssetYogi 5 жыл бұрын

Glad to hear that :)

@angidev9978 4 жыл бұрын

Sir great video. can u please make a video of latest tax benefit on home loan after budget 2020. Thank u

@bskbm01 3 жыл бұрын

Thanks, very well explained on Home Loan Taxation. 1 Doubt Sir.. If before end of financial yr If get possession or occupancy certificate from Private builder for a Flat in an Apartment. (Though all other areas like park, club house, swiming pool etc yet to complete.) Can we claim Tax Deduction u/s 24- 2L & 80EEA 1.50L. Do we hv to upload completion certificate of Builder ?

@patilrhl1988 4 жыл бұрын

Sir can I claim only 2.0 lac interest....Is there any provision to carry forward the interest amount.....As my interest amount is around more than the exempted liMit.....Please suggest

@mm-rw1rg 4 жыл бұрын

If I own one Home and buy 2 resale homes by taking home loan on both homes and let out both these homes on rent during 2020, then can I show loss from house property for both these homes and can I adjust total interest paid ( Rs. 9 lakh ) on these home loans against tax deducted from my salary income ?

@vdiitd 5 жыл бұрын

What if I have a residential plot, do I need to pay any extra taxes or can I get any tax rebates?

@satyam5986 3 жыл бұрын

80EEA, can we take this deduction every year or its only for purchasing year?

@sunilmurmu8650 3 жыл бұрын

In the example of section 24 is the Interests on home loan and IDC on same project? What is the difference between two?

@Yash_Chavan Жыл бұрын

One more point - In 80C you can claim stamp duty charges as well

@chiragbansod4003 3 жыл бұрын

Hello sir , If my property is under construction can I claim that interest now ? Or only after I occupy the property

@livingfantasy1240 Жыл бұрын

Sir if we are buying land for house construction, can we get a home loan for both buying the property and construction? Suppose the land cost is 30L and construction cost is 20L. So can I get a home loan for 50L?

@saiyedkaif3009 5 жыл бұрын

sir ye clame kaha kisko karenge ? govt or bank ? aur isko kab karenge possession k bad ? plezse guide me dear sir ,as usual great vedio again masha Allah meri duwa apke sath hai

@Goldenretrieverdaisy 4 жыл бұрын

Sir agar joint home lone hai and property wife ke name se register ki hai to tax banifit pura husband le sakta hai for total principal amount per

@shahnawazshaikh6998 5 жыл бұрын

sir maine mutual fund me sip ki hai to ise bhi ITR me dikhana hoga please reply.

@k.tulasaihchary722 2 жыл бұрын

Sir shall I claim interest amount of top-up homeloan for tax exception?

@deveshkumar1945 4 жыл бұрын

I have taken home loan in 2013 which was eligible under 80EEA that time for Rs. 50000. Upto when the same loan will be eligible under 80EEA. Whether the same will be eligible for the current financial year also ?.

@nehayadav6752 5 жыл бұрын

Sir maine 4th july 2019 ko return file ki thi lekin ab tk uska refund nai aaya.kya karu plz guide me.

@swapniljungade6195 2 жыл бұрын

Can we claim tax benefit on Home loan processing fees and mortgage fees paid to bank ? If yes, under which section ?

@pratikdesai8648 5 жыл бұрын

Sir plz make video on short term capital gain and long term capital gain tax on equity and their set offs

@taruntuli 5 жыл бұрын

Sir I have purchased a flat in 2012 which I sold in 2018. Presently I don't have any property. Now I want to buy a new house of rs 40 lakh can I get the benefit of tax saving of rs 3.5 lakh

@shubhamshinde3240 3 жыл бұрын

Sir in video you mentioned there is no limit of deduction in Letout but you considered 2.5lakh..please clarify

@randeepnath5780 4 жыл бұрын

Hi Sir. Thanks for sharing all this information in a fantastic way. I've availed home loan and it was sanctioned on 10th May 2018. By terms I'm not sure if I am eligible for any of the 80EE or 80EEA benefits. Is this a ghar ka na ghat ka situation or is there any way I can claim any of these additional deductions ? Awaiting your response. Appreciate your help here.

@chandanprasad5092 4 жыл бұрын

Sir Pradhan mantry Awas yojna jo hai, jb uska amount milta hai to jo duction hota hai vo principle amount se hota hai ya interest amount se

@SANJAYPAL-ne2kf 4 жыл бұрын

Is PMAY SUBSIDY INCASE OF HOME LOAN to be shown as other income?

@abhishekbali9951 Жыл бұрын

hi Sir, Please make a new video on home loan taxation...things have changed now clearly...really appreciate that... Thank you !

@RAKESHHOLKAR 4 жыл бұрын

Sir, अगर मैं under construction property के होम लोन का part payment करता हूँ तो 80c में दिखा सकता हूँ?? Please reply.🙏

@adityarj130 4 жыл бұрын

Hm ek flat liye hai. Uska loan iss saal se start hua hai. Toh uska interest and principal hm iss saal se ye benefit avail kr sakte hai ? Bt flat abhi under construction h ? Please help.

@jot0287 4 жыл бұрын

I really wish you would have given more insight to section 80EEA.. Like for metro cities they have some different rule and other things you might have included.. I myself was searching for that thing in your this video. :/ Any more info on this please?

@rakeshkm9137 4 жыл бұрын

I have took home loan of 34.2 lacs in nov-2017 and my parents are living in that and i am paying rent at other location. Can i opt both tax deduction on paid rent and home loan??

@dilippatil6988 4 жыл бұрын

In under construction is it possible to take tax benefits..like take example of if you will get possesion after 3 yr(2023) from now..so shall I claim tax benefits in current year which is 2020.

@aditya9842 4 жыл бұрын

Sir home construction (extension) ke liye lic se 25 L ka loan liya tha property mother ke name chal rahi hai. Loan liability humne (husband wife) li thi tex benefits ke liye kay karna chahiye ...pls suggest

@jot0287 5 жыл бұрын

@siddhesh2012 Жыл бұрын

You rock! Whoever needs to buy house, I have recommended to watch your channel!

@AssetYogi Жыл бұрын

Thanks for your support!

@juhisadab4361 5 жыл бұрын

Hello sir ,I want to you make a vedio those topics are about the current information ESI calculation and different a/c, gratuity calculation, salary structure and bonus calculation,gross calculation ,plz make a vedio individual bcz I have watched the your vedio is epf about that very good way to told everything's.i have impressed your vedio. you're doing great work.i lub your teaching style keep on it's.

@sajal14agwl 3 жыл бұрын

Sir your channel is one of the best channel on youtube, all of your videos clears all my doubts and filled me with all your valuable knowledge. Thank you sir for your contribution into this world.

@emipeloanle398 3 жыл бұрын

Emi pe loan le 8537836239,,

@AbhishekKumar-mw5lj 3 жыл бұрын

Hi guru I purchases a stamp for property from my saving account , but registry done on my mother’s name , Me and my mother is co applicants in loan but not in registry... can I use stamp duty in income tax deductions ?

@arpitabhawmik9345 4 жыл бұрын

Sir I have given rent (a part)on my self occupied flat.tht is taken by home loan.rent from November for 11 months. My question is I ve to give tax for rent? If so thn for 5 months (Nov- march)or 1 yrs(which not taken) rent to b show My

@narendrakumar5877 4 жыл бұрын

Sir ye principal amount kya hota hai ?? Isme byaj (intrust) juda huwa hota hai ya nahi ar hame kaise malum chalega ki ye mool loan hai isme kisi tarah ka intrust nahi hai.manlo maime 20 lakh ka loan liya hai isme 18000 emi hai to isme principal kya hoga ar intrust kya hoga ??

@tabishp88 4 жыл бұрын

Good job mr yogi. Your videos are good and quite helpful. Stay blessed and safe

@AssetYogi 4 жыл бұрын

Thanks Tabish :)

@amolhase5075 4 күн бұрын

I have till date not caim any stamp duty cost ,so later means current year i can claim it ? pls reply

@sumitagarwal2335 5 жыл бұрын

In Case of Joint Borrower of Home Loan, Can two persons file 60-40% of tax rebate instead of 50-50 %?

@anildbest83 5 жыл бұрын

Hi Thanks for sharing very imp info. My home loan starts in 2017 and was paying PRE EMI. From Feb 2018 I started paying EMIs and got the Flat possession as well. So for the Assessment year 2019-20, I have done the calculation for SEC 24 as below 2017-18 PRE-EMI INTEREST Rs. 54,573.00 2018-19 PRE-EMI INTEREST Rs. 1,83,721.00 EMI COMPONENT Rs. 36,615.00 Total PreEMI = 238294/5 = 47658 (As PRE Emi Interest can be claimed only 20% for 5 years) Total Interest = 47658 +36615 = 84273 (This amount will go in SEC 24 Interest payable on borrowed capital) Does this calculation look good to you? OR can I claim anything in SEC 80EE?

@Ray-pu3ou Жыл бұрын

Hello, I have made a 120000 part payment on my loan account in December The principle amount of my interest certificate shows 240000. Can I claim (150000) into section 80C or do I need to deduct part payment from the principle amount?

@Sachiglas 3 жыл бұрын

Very nice, I am waiting for savings on joint property video.

@bantimondal5267 5 жыл бұрын

@Mukul Bhai Itne Sare Payment Apps Agaya Hai Confused Hogaya Hoon ki Konsa Wala App Use Karoon .. Ispe 1 Video Banado ki konsa app best hoga. Please Mukul Bhai.

@dravikmondal6517 3 жыл бұрын

Thanks, it was very helpful.

@saodrey1567 5 жыл бұрын

Sir meri 3 cabs a company me lagi hui hai staff k lie, kya me kisi trh apne is business ko ek company k tor pe registered kra sakta hu ? Agar ha to plz help kijie meri mujhe guide kar k 🙏

@gyclevererdaisy4209 4 жыл бұрын

Sir, Transfer your Existing Home Loan with SBI. is per video banaye

@pushpendra136 3 жыл бұрын

Knowledge provided is highly professionalled

@the_Lazy_guy01 5 жыл бұрын

Hello sir Maine Hdfc bank mein home loan ke apply kiya hai 6.5 lakh ka.....processing fees ka cheque diya 3540/ ka....pehle bola ki interest rate 10 lgega Maine bola ki thoda kam kro aapne 8.9 bola tha bolte ki thik hai phir wo cheque debit ho gya hai account se....abhi fon aya ki thoda mushkil hai approve hona..maine bola ki cheque toh debit ho gya hai phir bolte hai ki ohh main pta karta hu branch mein...kya kr sakte hai

@ryanryan4684 4 жыл бұрын

Sir, ek important scenario cover nahi kiya in case of construction goes beyond 5 years. For example, if I have taken a loan in 2009 and got possession in July 2019. then Can I take rebate for current year as Rs. 30000 + ( interest of 10 years / 5) = Maximum Rs. 200000

@AshokKumar-wp3mx 3 жыл бұрын

Whether you have uploaded a video for calculation of rebate on interest of home loan for financial yr 2020-21.

@lingarajkhilar8998 4 жыл бұрын

In this case can i get exemption for both self occupied n letout property or only one ?

@siddharthkushwaha9187 3 жыл бұрын

Can I take loan to reconstruction of house which is in name of my father? Do I get all the tax benefits as you mentioned in the video?

@hiteshsaini3261 5 жыл бұрын

Hello sir.... Sir mujhe angle broking ki franchisee leni chahiye ya fir nhi..... Please reply me......

@vikasbansal9649 4 жыл бұрын

Sir, I have been sanctioned home loan of 12,00,000 for self construction, but i have taken disbursement of only 8,40,000 till now and construction has also been completed. From where can i get completion certificate or possesion certificate.

@chevvakulasrikanth9260 4 жыл бұрын

Is property value = price before construction+ construction charges ?? Please clarify

@arwindersingh8626 Жыл бұрын

Hello sir, which slab of income tax is better for salaried person with home loan?

@karimmirazul574 4 жыл бұрын

Hi Sir, This is little urgent.. can you make video on below question. If I am not taking any loan and I am putting money in house construction then how I can save tax.

@amolhase5075 4 күн бұрын

VERY GOOD INFORMATION GIVEN THANKS A LOT

@mangeshyadav1862 5 жыл бұрын

Hello sir... Plz make video on how to answer or rply to income tax dept notice...

@jajatikesharibehera5025 4 жыл бұрын

Sir in let out property ,there is no restigation of interest payment .but as per your video it is 2 lacs

@MysticMuses 5 жыл бұрын

Sir please make a video on tax benefit to disabled persons. Also if both husband and wife are disabled.

@prasunknmiet 4 жыл бұрын

Great Video! Could you please help us further by sharing your views and analysis of overdraft home loans like SBI maxgain.

@gourisankardash646 5 жыл бұрын

Very informative. Please make a video on joint home loan benefits which you suggested at the end of this video. Thank you very much.

@KHATEKAR_GROUP 3 жыл бұрын

If I have spent money in Renovation/Alteration/Repair work. Can I claim loss from house property.

@lipurout6834 Жыл бұрын

Thanks sir, for helping us. Sir i have one doubt if i take home loan in current year 2023, so can i claim it in the current year or not ?

@pankajsharma1125 5 жыл бұрын

Hi Sir...(1) Which is the best reliable full service broking firm with less brokrage ???? (2) which one better discount broker or full service??? (3) where is money safe with full service broker or discount broker...

@manishjoshi3766 4 жыл бұрын

Sir hamare ghar ko rasta kisi or ke baramde se jata hai....wo hme rasta bnd krne ki dhamki deta hai...hme kya krna chaahiye sir??? please reply me sir

@avinashsingh9089 5 ай бұрын

@AssetYogi can we claim principal amount for under construction property after buying under construction property

@avinandanganguly4466 Жыл бұрын

Conditions with respect to the carpet area of the house property. These conditions have been specified in the memorandum to the finance bill, but not mentioned in section 80EEA: The carpet area of the house property should not exceed 60 square meter ( 645 sq ft) in metropolitan cities of Bengaluru, Chennai, Delhi National Capital Region (limited to Delhi, Noida, Greater Noida, Ghaziabad, Gurgaon, Faridabad), Hyderabad, Kolkata and Mumbai (whole of Mumbai Metropolitan Region) Carpet area should not exceed 90 square meter (968 sq ft) in any other cities or towns. Further, this definition will be effective for affordable real estate projects approved on or after 1 September 2019

@sharadkumbhar6177 3 жыл бұрын

Sir agar property ya apna Ghar resale kharida hai to kya kya bathe dyan me rkhna chhaiye...sir plz ispe ek video banaee

@user-fy3bs6mm6y 7 ай бұрын

Sir mane 2 home loan le rakhe hai,dono joit loan hai kya mai dono home loan mai interest mai rebet ker saktha hu kya

@krishtuchoudhary1967 Жыл бұрын

Nov 22 m flat purchase Kiya h ,registration fee ka koi benefits milega ky tax m

@sabya1000 4 жыл бұрын

Want to buy a house say 70L with my spouse as joint owner ...can I claim 80 EEA..since property value and home loan below 45 lakhs each

@nitinjain2393 5 жыл бұрын

If I name my first and only home to my wife and buy another one now on my name, will I be consider as first home buyer? And can I save tax according to 80EEA?

@yuvrajpatil4064 5 жыл бұрын

It's good information video about home loan tax savings. Only one information need . in 80EEA only home loan should be taken in 2019-20 yrs or previous yrs also.

@vandanaaggarwal3956 4 жыл бұрын

Taken in 19_20only