3 Scenarios : Section 80EE Can Provide Extra Rs 1 Lakh Deductions !

0
1014
Print Friendly, PDF & Email

Section 80EE of the Income Tax Act is a new provision allowing deduction upto Rs 1 lakh from gross total income for interest on home loanĀ  . The provision is effective for Assessment Year 2013-14 (FY 2013-14) and the various conditions for application of this provision show that legislature primarily intended to provide additional tax…

This content is for annual and Semi Annual members only.
Log In Register