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

If you’ve always dreamed of owning your own house, now might be the time to do so. Earlier in Budget 2019, the Government of India introduced a new provision in the Income Tax Act, 1961 – Section 80EEA. This provision aims to help the government achieve its “Housing for All” objective by encouraging taxpayers to acquire a house.

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