Income Tax Benefit For first Time Home buyer - Budget 2016-17, - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
Trending
Powered by Blogger.
Thursday, April 21, 2016

Income Tax Benefit For first Time Home buyer - Budget 2016-17,

Budget 2016-17: Income Tax Benefit 

For first Time Home buyer - 

New *Section: 80EE

*Interest on housing loan allowed as deduction
*Cost of asset – Rs.50 lac

*Loan sanctioned – Rs.35 lac (01.04.16 and 01.04.17)

*Deduction /Tax Benefit  – Rs.50,000


*Assessee should not own any other residential  house property
Income Tax Benefit For first Time Home buyer - Budget 2016-17, Reviewed by S. Chitra on April 21, 2016 Rating: 5 Budget 2016-17:  Income Tax Benefit  For first Time Home buyer -  New  Section: 80EE Interest on housing loan allowed as deduct...

No comments:

Google+ Followers