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Deduction u/s 80EE - Deduction in respect of interest on loan taken for residential house property

Income Tax - Exemptions and Deductions - 14 - SECTION 80EE The deduction is available only to Individual not to HUF or other type of Assessee. The Deduction is available on interest payable on loan taken by the individual from any financial instituti .....

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ed by the financial institution during the period beginning on the 1st day of April,2016 and ending on the 31st day of March, 2017 ii.The amount loan sanctioned for acquisition of the residential house property does not exceed 50 lakh iii.The value o .....

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