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Salary deduction

This query is : Resolved 

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.


Yes. It is applicable for Financial year 2019-20

Thank you sir for your valuable response

you are most welcome.

and what about section 80EEB?

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

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.

Thank you for your reply

you are most welcome.


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