80 EE is valid for loans taken on which all financial years? please help?🙏
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Quick Summary
This discussion clarifies the validity period for the Section 80EE tax deduction. It confirms that the deduction was applicable for loans taken between 1st April 2016 and 31st March 2017. The loan must also be from a bank or housing finance company as specified in the Income Tax Act, 1961. The query also seeks to know if this provision has continued in subsequent financial years.
From 1st April 2016 to 31 March 2017 F.Y also Loan should from Bank or Housing Finance Company as referred in section 80EE of the Income Tax act 1961 .