https://www.taxtmi.com/acts?id=21162 Deduction in respect of interest on loan taken for acquisition of a residential house property is available to individual assessees from specified financial institutions, subject to an overall monetary cap and eligibility conditions including the loan sanction period, caps on sanctioned loan amount and property value, and a requirement that the assessee not own any residential house on the date of sanction; the deduction is exclusive and precludes claiming the same interest under any other provision. en-us Fri, 06 May 2016 16:32:54 +0530 Fri, 06 May 2016 16:32:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21162 Deduction in respect of interest on loan taken for acquisition of a residential house property is available to individual assessees from specified financial institutions, subject to an overall monetary cap and eligibility conditions including the loan sanction period, caps on sanctioned loan amount and property value, and a requirement that the assessee not own any residential house on the date of sanction; the deduction is exclusive and precludes claiming the same interest under any other provision. Act-Rules F. Acts / Amendment Acts Fri, 06 May 2016 16:32:54 +0530 https://www.taxtmi.com/acts?id=21162