All Posts in Tag: Section 80EEA

Budget 2019 How To Claim Rs. 3.5 Lakh Income Tax Deduction Against Home Loans

Budget 2019: How To Claim Rs. 3.5 Lakh Income Tax Deduction Against Home Loans

If an assessee satisfies conditions of both Section 24 and Section 80EEA of Income Tax Act, he/she will be able to claim benefits under both sections. Under the objective ‘Housing for all’, the government announced an additional interest deduction on repayment of home loans under certain conditions. Currently, the taxman allows deduction of up to…

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