Which section is eligible if Home loan is 64 Lacs from SBI in August 2021

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72 Points Posted on 09 September 2021

Hello Experts

I have taken Home loan from SBI on August 2021 of Rs. 64 Lacs in Ahmedabad.

Tenure : 15 Years.

EMI : Rs. 58000

Loan Amount : 64 Lacs

Property Type : Ready Resale House

As I am confused with which sections I will be eligible for Deduction.

I request to help me for Below sections I can take benefit.

!. Section 24(b)
2. Section 80EE
3. Section 80EEA

Thank you.

Prakash

Replies (1)

tax consultant

1829 Points Posted on 09 September 2021

You can take deduction in respect of interest on loan under section 24
in respect of principal component deduction under 80c can be availed.

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