Section 80EEA Interest on Home loan

328 views
User Avatar

21 Points Posted on 24 August 2022

Home loan taken on 22.03.2022 - Rs. 6400000

Purchase Value of property - 7000000

Government value - 3600000

Stamp duty paid on 7000000 at 6% of Rs. 420000

Property is jointly owned by Husband and wife. No other property was in the name of wife earlier.

Can wife take benefit of 80EEA over and above 24b for interest paid on Home loan

 

 

0 Reply Share Follow Topic
On 24 August 2022 at 10:08 Report
Replies (3)
Quick Summary
This discussion explores the eligibility for Section 80EEA deductions on home loan interest, specifically for a property purchased in March 2022. It clarifies that the wife may be eligible for the 80EEA benefit if her name appears first in the joint holding and her finances support the loan. The conversation also touches upon the possibility of claiming deductions for home loans sanctioned and disbursed in April 2021.

User Avatar

pro badge

SEO Sai Gr. Hosp.
121543 Points Posted on 24 August 2022

No. Not eligible.                        

1 Reply
On 24 August 2022 at 10:47
User Avatar

Profession
19978 Points Posted on 24 August 2022
XWHOSE NAME IS FIRST IN THE JOINT HOLDING.
WIFE CAN TAKE PROVIDED HER ACCOUNT SHOWS ADEQUATE CRSDENTIAL
Reply
On 24 August 2022 at 12:14
User Avatar

22 Points Posted on 22 July 2023
Home Sanction 10 April 2021 and disbursed amount 32,00,000/- so can we take deduction benefits on it
Reply
On 22 July 2023 at 19:57

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. MR AASHOK KUMAR SHARMA
  2. NIC codes for FIRMS registration of entity
  3. Register on Income Tax as CA
  4. Deduction In Employee Provident Fund
  5. This is a gift for all Chartered Accountants and P
  6. NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
  7. Wallet query for GST.
  8. 25-26 exempted sales
  9. Hotel stay below Rs.1000/- GST applicable or exemp
  10. NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details