Sec 80 ee vs sec 24 b

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2017 If all the conditions as mentioned in Sec.80 EE have been fulfilled.

1) Home Loan Interest Amount is INR 57000/ for FY2016-17
2) Possession of House yet not taken in FY 2016-17.

Whether Deduction under Section 80EE can be claimed ?

Or

80 EE can be claimed only after Sec.24 B limit of INR 2 Lacs exhaust. In FY 2016-17 Sec 24 B limit not allowed in my case as possession yet not taken in FY 2016-17.

so even if whether 80 EE all conditions fulfilled , 80 EE can not be claimed ?

CA Manali Maniar

CA Manali Maniar (Expert)
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23 March 2017 Deduction u/s 80EE is available if loan is sanctioned before 31-3-2017.
Section 24 and 80EE are different.
There is no relation between them.

you can get deduction u/s 80ee