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Section 80EEA - Claim deduction for the interest paid on housing loan

Dec 14th, 2022 at 15:45   Services   Mumbai   154 views Reference: 4033

Location: Mumbai

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If you’ve availed a home loan to purchase or construct a house, you can claim a deduction under section 80EEA with regards to the interest on the loan.This provision aims to help the government achieve its "Housing for All" objective by encouraging taxpayers to acquire a house.