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    <title>Insertion of new sections 80EEA and 80EEB.</title>
    <link>https://www.taxtmi.com/acts?id=36801</link>
    <description>Section 80EEA grants individuals (not eligible under section 80EE) an interest deduction for loans from specified financial institutions for acquiring a residential house property, subject to a monetary cap, loan sanction within a prescribed window, a ceiling on stamp duty value, and a requirement that the assessee does not own residential property at sanction; double-claiming is disallowed. Section 80EEB grants a comparable interest deduction for loans to purchase qualifying electric vehicles, subject to a monetary cap, a prescribed sanction period, defined vehicle and financial institution meanings, and prohibition on claiming the same interest under other provisions.</description>
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    <pubDate>Fri, 05 Jul 2019 15:44:17 +0530</pubDate>
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      <title>Insertion of new sections 80EEA and 80EEB.</title>
      <link>https://www.taxtmi.com/acts?id=36801</link>
      <description>Section 80EEA grants individuals (not eligible under section 80EE) an interest deduction for loans from specified financial institutions for acquiring a residential house property, subject to a monetary cap, loan sanction within a prescribed window, a ceiling on stamp duty value, and a requirement that the assessee does not own residential property at sanction; double-claiming is disallowed. Section 80EEB grants a comparable interest deduction for loans to purchase qualifying electric vehicles, subject to a monetary cap, a prescribed sanction period, defined vehicle and financial institution meanings, and prohibition on claiming the same interest under other provisions.</description>
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      <pubDate>Fri, 05 Jul 2019 15:44:17 +0530</pubDate>
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