80ee
This query is : Resolved
sonika kaushik
(Querist)
13 March 2014
Will the deduction of 80EE available in the following case:
Two home loans are availed:
Rs 24 lakh for aquisition
Rs 3 lak for renovation
Both the loans are santioned between April 2013 to March 2014
Also value is less than 40 lakh.
Two home loans are availed:
Rs 24 lakh for aquisition
Rs 3 lak for renovation
Both the loans are santioned between April 2013 to March 2014
Also value is less than 40 lakh.
Nikhil Kaushik
(Expert)
13 March 2014
the loan for renovation should not be covered under 80ee. however interest paid on it can be deducted under 24(b)
Message likes :
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sonika kaushik
(Querist)
13 March 2014
thank alot sir
it will help me alot in calculation of advance tax
it will help me alot in calculation of advance tax
Nikhil Kaushik
(Expert)
13 March 2014
you are welcome Sonika
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