I hv transferred my Home Loan to SBI from ICICI bank on Dec 2016. It is joint account with my brother. Total interest paid would be about ₹263000. Can I claim ₹100000 in section 24(B) & ₹50000 in section 80 EE or ₹100000 in 24(B) & ₹25000 in 80 EE.
Can a taxpayer can claim deductions in both the section ?
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Regarding section 80 EE & section 24(B)
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This loan is for reconstruction of house & of amt 3050000 & initially taken by ICICI bank in July 2015. kindly guide how we can claim maximum tax benefits for this amt paid as interest.
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