1. Section 80C: Deduction up to Rs 1.5 lakh on home loan principal repayment.

2. Section 24b: Deduction up to Rs 2 lakh on interest repaid during pre and post construction period.

3. Section 80EEA: Additional interest deduction of up to Rs 1.5 lakh under affordable housing for home loans sanctioned between 1st April 2019 and 31st March 2020 (Only to First-Time Buyers)

4. Section 80C: Deduction for Stamp Duty and registration charges, this can be claimed within the overall limit of Rs 1.5 lakh under section 80C.

NOTE:In case of any query, please feel free to contact me on this email enquiry@overallaccounting.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here