If i took a home loan after the financial year 2016-2017
can i avail of 80EE provision during e filing as per the other conditions.
is the provision still existing?
In which year you had availed home loan?
The Union Budget 2019 has introduced a new Section 80EEA to extend the tax benefits of the interest deduction up to Rs 1,50,000 for housing loans taken for affordable housing during the period 1 April 2019 to 31 March 2022. The individual taxpayer should be a first-home buyer and should not be entitled to a deduction under Section 80EE.
No. For that loan should have been sanctioned before March. 2017.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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