Income Tax Deduction allowable on Housing Loan

• November 2, 2020
• CA Chandan Agarwal's Office

Article explains three Deduction Claimed on the payment of principal and Interest amount of Housing Loan which are deduction under Section 24b for Interest on Home Loan, deduction under Section 80EEA which provides deduction on Interest on house loan over and above the eligibility mentioned in the section 24 and deduction under Section 80C for Repayment of Principal Amount of housing loan.

Section 24b : Deduction on Interest on Home Loan

Read more on: https://taxguru.in/income-tax/deduction-claimed-housing-loan.html