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Mar 20, 2025 · Under Section 80EEA of Income Tax Act, the maximum deduction available is ₹1,50,000 per year. This is separate from and additional to the ₹2,00,000 deduction available …
Jan 24, 2025 · 80EEA The Indian Income Tax Act offers various deductions to taxpayers to reduce their taxable income and provide financial relief. One of the most beneficial provisions …
Jan 30, 2023 · Section 80EEA provides incentive to first time home buyers by giving income tax benefit. Eligibility conditions and deductions available under section are discussed above. …
After section 80EE of the Income-tax Act, the following sections shall be inserted with effect from the 1st day of April, 2020, namely:— '80EEA. Deduction in respect of interest on loan taken for …
Jun 13, 2025 · Section 80EEA allows an additional deduction of up to Rs. 1.5 lakh per annum on home loan interest, over and above benefits under Sections 24 and 80C. It is available to …
Jun 20, 2025 · Section 80EEA of the Income Tax Act 1961, provides an additional deduction on home loan interest for first-time homebuyers on affordable housing. The interest should be …
Jun 12, 2024 · According to sections 80EE and 80EEA of the Income Tax Act, anyone buying a new property can deduct expenses from their net taxable income. Sections 80EE and 80EEA …
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