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<h1>Deductions from house property: interest and standard deduction subject to certificate requirement and aggregate cap for loans.</h1> Deductions under Income from house property include a standard deduction as a percentage of annual value and interest on borrowed capital for acquisition, construction or related works; pre-construction interest is apportioned over the year of acquisition and four succeeding years. Special caps apply to specified property classes, higher caps apply for loans meeting prescribed timing and completion conditions, and a certificate from the lender is required where higher limits are claimed; the aggregate of proviso-based deductions is subject to an overall ceiling.