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Clarification reqd on 80ee
I'm in central govt office, form 16 issued by office, my colleague has taken housing loan of Rs,20 lacs in April/May 2014 interest part is claimed under 80 EE the house is self occupied. pls guide weather it is correct procedure
Replies (3)
Your colleague cannot claim deduction undr sec 80EE because the loan should be sanctioned in the Fy 2013 to 2014. But u said it is in april or may 2014.
But he mistakenly given details to office whether office is reqd to give afresh form 16
Not necessary, when u prepare the ITR, the same can be corrected and difference amount of tax can be paid as self assessment tax and then the ITR can be filed.
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