Section 80EEA
This query is : Resolved
13 April 2024
Dear Sir,
i have received a housing loan of 43,00,000, in the month of April - 2024. I need to give investment declaration to my company where i am working.
but the section 80EEA is application for loans sanctioned between 2017 & March 2022.
is there any update with respect to extension of applicability of section 80EEA.
If no, pls kindly suggest me for investment declaration.
i have received a housing loan of 43,00,000, in the month of April - 2024. I need to give investment declaration to my company where i am working.
but the section 80EEA is application for loans sanctioned between 2017 & March 2022.
is there any update with respect to extension of applicability of section 80EEA.
If no, pls kindly suggest me for investment declaration.
14 April 2024
From April 2022, new income tax rules apply: First-time home buyers will not be eligible to receive tax benefits under Section 80 EEA on new housing loans sanctioned in FY23 and after as the special benefits announced in Budget 2019 expired on March 31, 2022.
18 April 2024
80EEA is not applicable for u, but u can still claim interest deduction u/s 24 and principal repayment deduction u/s 80C
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