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Tax benefit on home improvement/extension loan
by V.Srinivas on Jul 29, 2005 11:03 AM

I took home lone for purchase of land and for the construction of a house. But the amount sanction for house construction is not sufficient to complete the construction and for other furbishments. I am thinking of taking home improvement/extension loan which as I know is separate from the home loan. Can I get the tax benefit on this new loan for house improvement. Please clarify this.

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Tax benefits on a land loan