Home loan tax benefits let you deduct home loan interest under Section 24(b) up to \u20b92 lakh a year for a self-occupied home (no cap for a let-out home), and principal repayment under Section 80C up to \u20b91.5 lakh a year, shared with other 80C investments. Section 80EEA adds a further \u20b91.5 lakh on interest, but only for loans sanctioned between 1 April 2019 and 31 March 2022 that meet first-time-buyer and property-value conditions; this window is closed for new borrowers. All three home loan tax deduction routes are available only under the old tax regime; the new regime allows just one exception, covered below.<\/p>\n\n\n\n