Ans:
Yes,the principal on a home loan is included in section 80C. When you take out a home loan, you must make monthly EMI payments, consisting of two main components: the principal amount and the interest payable, where the principal amount deductions are dealt with in Section 80C.  Section 80C allows self-occupied and let-out properties to deduct up to Rs 1.5 lakh in principal repayment from taxable income each year. The costs of registration and stamp duty are frequently incorporated into the home loan deduction in income tax.