Can I get tax benifit for a loan on commercial property?



I want to purchase a Galla (Shop). At present I am getting tax benefit on my home loan but it will be over by next year. Hence I have planned to go for a shop as my wife runs a jewelery business at home. My question is can I get the same benefit in income tax for loan on galla as I am getting for my home loan at present?

Can I get tax benifit for a loan on commercial property?
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  1. If you declare rental income from shop then you can take benifit of loan interest and principal, You can not declare your shop as self occupied assets.