Deduction

This query is : Resolved 

18 March 2014 what is the difference between exemption given u/s 24 or ihp of interest on loan nd deduction under chapter 6a 80E

18 March 2014 the difference is that under section 80EE is restricted to first house purchase with maximum value of Rs 40 lakhs, maximum loan value Rs 25 lakhs...maximum deduction Rs 1 lakh.

there is no such condition under 24(b)


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