https://www.taxtmi.com/article/detailed?id=2057 Section 80EE permits an individual first time buyer to deduct interest on a loan from a financial institution for acquiring a residential house, subject to a capped deduction and conditions: loan sanction within the specified financial year, loan and property value ceilings, and no prior residential ownership at sanction; the section defines relevant lenders and bars claiming the same interest deduction under other provisions. en-us Sat, 02 Mar 2013 11:44:34 +0530 Sat, 02 Mar 2013 11:44:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2057 Section 80EE permits an individual first time buyer to deduct interest on a loan from a financial institution for acquiring a residential house, subject to a capped deduction and conditions: loan sanction within the specified financial year, loan and property value ceilings, and no prior residential ownership at sanction; the section defines relevant lenders and bars claiming the same interest deduction under other provisions. Articles Income Tax Sat, 02 Mar 2013 11:44:34 +0530 https://www.taxtmi.com/article/detailed?id=2057