வீட்டு கடன் மீதான திருப்பி செலுத்தும் தொகையில் எவ்வளவு தொகையை வருமான வரியில் கழித்துக் கொள்ள முடியும்

பொதுவாகவே வீட்டு கடன் பெற்றவர்கள் வட்டி ரூபாய் இரண்டு லட்சம் அதற்கான அசல் தொகை ஒன்றரை லட்சமும் வைத்துக்கொள்ள முடியும் இது அனைவருக்கும் தெரிந்தது மேலே சொல்லப்பட்ட இரண்டு லட்சம் ஆனது இரண்டு வீடுகள் மற்றும் அந்த வீடுகளுக்கான மறு சீரமைப்பு பணி ரூபாய் 30 ஆயிரமும் உள்ளடங்கும்

80EE படி கூடுதல் கழிவு

மேலே சொல்லப்பட்ட வட்டி மற்றும் அசல் அல்லாமல் கூடுதலாக கட்டப்பட்ட வட்டிக்கு80EE படி விதிகள்

Features of the 80EE Deduction

Eligibility criteria: 

The deduction under this section is available only to individuals. This means, if you are a HUF, AOP, a company or any other kind of taxpayer, you cannot claim any benefit under this section.

Amount limit: 

The deduction is up to Rs 50,000. It is over and above the Rs 2 lakh limit under Section 24 of the Income Tax Act.

Read more about the deduction of Rs 2 lakh on interest on a home loan here.

Other conditions: To claim this deduction, you should not own any other house property on the date of the sanction of a loan from a financial institution.

Conditions to be Met for Claiming Deduction

Value of the house should be Rs 50 lakh or less

Loan taken for the house must be Rs 35 lakh or less

The loan must be sanctioned by a financial institution or a housing finance company

The loan must be sanctioned between 01.04.2016 to 31.03.2017

As of the date of the sanction of the loan, no other house property must be owned by you.

Things to Remember

Section 80EE came into effect from the financial year 2013-14. It was available for only two years, FY 2013-14 and FY 2014-15. The deduction allowed earlier was limited to a maximum of Rs 1 lakh in total and was available for only two financial years.

However, this section has been reintroduced, effective FY 2016-17 (AY 2017-18). Now the deduction is allowed for up to Rs 50,000 per year until the loan is repaid.

The section does not specify if you need to be a resident to claim this benefit. Therefore it can be concluded that both resident and non-resident Indians can claim this deduction.

The section also does not specify if this house should be self-occupied to claim the deduction. So, borrowers living in rented houses can also claim this deduction.

Moreover, individuals can claim the deduction for the house purchases jointly or singly. If a person jointly owns the house with a spouse and they both are paying the instalments of the loan, then both of them can claim this deduction.

Section 80EE and Section 24

If you can satisfy the conditions of both Section 24 and Section 80EE of the Income Tax Act, be quick to claim the benefits. 

First, exhaust your deductible limit under Section 24, Rs 2 lakh.

Then go on to claim the additional benefits under Section 80EE.

Therefore, this deduction is in addition to the Rs 2 lakh limit allowed under Section 24.

Section 80EE and Section 80EEA

The Union Budget 2019 has introduced a new Section 80EEA to extend the tax benefits of the interest deduction up to Rs 1,50,000 for housing loans taken for affordable housing during the period 1 April 2019 to 31 March 2020. The individual taxpayer should be a first-home buyer and should not be entitled to deduction under Section 80EE.