Where sec 80ee in itr-1 return

Tax queries 1188 views 1 replies

dear Expertz,

pl clarify the below;

Where we have to shown Interest on Housing loan in ITR-1 online/offline?

sec 80EE not appeared in ITR1.

pl advise ASAP.

Replies (1)

Hello Sir,

Deduction u/s 80EE is not available for FY 2015-16... 

The Finance Minister had announced a new section 80EE in the Finance Act, 2013. This section provided deduction on the Home Loan Interest paid by you and is valid for financial years 2013-14 & 2014-15 (Assessment year 2014-15 and 2015-16) only.

But this deduction is available for FY 2016-17..(Again allowed in recent Budget 2016.)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register