How to optimize taxes on home purchases and loan repayments

I bought an under-construction house in September 2023 and made several payments toward it.

- Kinjal Bhuta

Here is a breakdown of expenses I have incurred: In 2023, I made an initial payment of ₹5.5 lakh as a token amount to the builder. I paid ₹4 lakh to the government as stamp duty and other charges. I would like to understand whether these payments can be carried forward for tax exemption in financial year 2024-25, if so, under which sections.

Moving to 2024, I paid a ₹1 lakh installment to the builder. I also repaid ₹9 lakh of my home loan principal and ₹2 lakh in interest. I would like to know if I can claim tax benefits for all three payments, and under which sections. Can I carry payments made in 2024 forward to future years for tax saving? Which relevant tax provisions will help me best optimize taxes efficiently?

-Name withheld on request