Hello,
I am salarised employee.
I need to submit Income tax decaclarion to my company
Can any one know what is maximum limit for following sections :
1. Mediclaim U/s 80D
2. Education Loan U/s 80E
3. Housing Loan Interest Paid 24(B) for FY 2016-17
Thanks
For Section 80-D
25000 selft
35000 if dependend
80E no limited you can take interest of amount
Housing Loan:- Up to Rs. Two Lakh if completed within 3 years from the end of the fin. year in which loan is taken, else Rs. 30,000. Additional exemption of upto Rs. 50,000/- on interest paid for loans upto Rs. 35 lakhs with cost of home upto Rs. 50 lakhs
CAclubindia
