Deduction for home loan interest extended to cover loans sanctioned in the extended eligibility period under amended rules. The amendment extends availability of the deduction for interest on loan taken for a residential house property under section 80EEA by enlarging the loan sanction window to include loans sanctioned in the extended period, while preserving the existing conditions that the loan be sanctioned by a financial institution, the residential property's stamp duty value not exceed the statutory cap, and the assessee not own any residential house property on the date of sanction; the amendment takes effect from 1 April 2021 and applies to the subsequent assessment years.