Menu
Can i claim deduction under section 80ee
My client has taken a joint loan of Rs. 24 lakhs for purchase of a flat which is under construction on october 2013. The cost of flat is Rs. 38 lakhs. They dont have any other residential property in their name. Can they claim deduction u/s 80EE since the loan is taken for a under construction flat and who will be allowed a deduction?
Thank you
Replies (3)
yes you can claim deduction as all the conditions are satisfied....but make sure that loan was sanctioned between 1 april 2013 to 31 march 2014 and it should be taken from financial institution or housing finance company
Yes deduction will be allowed as all the condition are satisfying provided loan has been taken between 1.4.13 to 31.3.14. Subject to max 1,00,000
agree with above answers.
Recent Topics :
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
Related Topics :
CAclubindia
