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of <h1>Loan Repayment for House Renovation Not Deductible u/s 80C; Only Certain Expenses Qualify for Tax Deductions.</h1> The repayment of a loan taken for the renovation or repair of a house property is not eligible for a deduction under Section 80C of the Income Tax Act. Section 80C allows deductions for expenses such as life insurance premiums, deferred annuity, and contributions to provident funds, but it does not cover costs related to the repair or renovation of residential properties.
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