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80eea Deduction For Ay 2024-24

80eea Deduction For Ay 2024-24. 1.5 lakh if they purchase an affordable property. “a home loan can help avail an 80c deduction of up to ₹1.5 lakh, 80ee deduction of ₹50,000, and 24 (b) deduction of ₹2 lakh.


80eea Deduction For Ay 2024-24

The deduction amount is above the. This is in addition to the rs 2 lakhs that the buyer already saves under.

What Is Income Tax Calculator?

Section 80ee is a facility in the income tax act that provides relief for taxpayers who have obtained a home loan.

Repayment Of Principal Amount On Actual Payment Basis Is Allowed As Deduction If All Of The Following Conditions.

Hence a total taxable value.

Eligibility And Requisite Conditions U/S 80Ee:

Images References :

The Deduction Amount Is Above The.

Enter values as estimated for the financial year ending on 31st march 2024.

The Deduction Under Section 80Eea Is Calculated Based On The Interest Paid On The Home Loan.

This is in addition to the rs 2 lakhs that the buyer already saves under.

The Amount Deduction Shall Be The Interest Payable Or.