3 Replies
Kapadia Pravin
(17264 Points)
Replied 25 August 2019
You get maximum deduction of Rs 2 lakhs under 24(2) towards interest payment on home loan
Kalyani
(Chartered Accountant)
(181 Points)
Replied 25 August 2019
Deduction on Interest on home loan is allowed to the extent of Rs.2 lakhs. In addition to it, deduction u/s 80EE to the extent of Rs.50000 is given if satisfied the conditions mentioned in it.
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