Section 80EE: Tax Benefits on Home Loan Interest Explained

 

Section 80EE allows first-time homebuyers to claim a tax deduction of up to ₹50,000 on home loan interest, in addition to Section 24B’s ₹2 lakh limit. Eligible loans must be between ₹35 lakh and ₹50 lakh and sanctioned between April 2016 and March 2017.

• Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/section-80ee
• Country List: India