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Can active servicemen get a tax refund for buying a house loan
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Mortgage loans can refund personal income tax, but certain requirements must be met. The family must be the only house and pay personal income tax. There are also certain requirements for the time of tax refund application. One year is a cycle from the first loan repayment, and an application for tax refund shall be filed within three months from the next month after the expiration of one year. If no application is made during this period, it means automatic waiver.