80ee
This query is : Resolved
16 June 2014
Is the deduction under section 80EE is in addition to section 24. i.e. if the interest on housing loan taken during 2013-14 is 200000. can the assessee claim 1.50 lacs under 24 and balance 50k under 80EE
16 June 2014
No benefit of deduction u/s 80EE is not in addition to section 24. sub section (4) clearly provides that once a deduction under this section is allowed for any interest, no deduction shall be allowed in respect of such interest under any other provisions of the Act for the same or any other assessment year.
17 June 2014
Then is it similar to 24(b)
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