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Income Tax Benefit on Home Loan Repayment | 80C 24(b) 80EE 80EEA Under section 80(c) of the Income Tax Act, tax deduction of a maximum amount of up to Rs 1.5 lakh can be availed per financial year on the principal repayment portion of the EMI. Tax deduction under section 80(c) of the Income Tax Act can be claimed for stamp duty and registration fees as well but it must be within the overall limit of Rs 1.5 lakh applied to principal repayment. You can avail deduction on the interest paid on your
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