Salary deduction

This query is : Resolved 

14 January 2020 Dear Team,

whether I can get claim under section 80EEA for FY 2019-20 from salary income. Whether section 80EEA is applicable for FY 2019-20? Please help on this issue.

Regards,

Kiran.

14 January 2020 Yes. It is applicable for Financial year 2019-20

14 January 2020 Thank you sir for your valuable response

14 January 2020 you are most welcome.

14 January 2020 and what about section 80EEB?

15 January 2020 80EEB is also applicable with effect from financial year 2019-20

15 January 2020 Under the objective “Housing for all”, the government has now extended the interest deduction allowed for low-cost housing loans taken during the period between 1 April 2019 and 31 March 2020. Accordingly, a new Section 80EEA has been inserted to allow for an interest deduction from AY 2020-21 (FY 2019-20)

Agreed with expert.

15 January 2020 Thank you for your reply

16 January 2020 you are most welcome.


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