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    <title>Deduction in respect of interest on loan taken for certain house property - Section 80EEA</title>
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    <description>Deduction for interest on loans for acquisition of a residential house under Section 80EEA allows an individual to claim an annual interest deduction subject to a statutory cap. The deduction applies for specified assessment years and requires that the loan be sanctioned by a financial institution within the prescribed sanction period, the residential property&#039;s stamp duty value not exceed the prescribed valuation threshold, and the assessee not own any residential house property on the loan sanction date.</description>
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      <title>Deduction in respect of interest on loan taken for certain house property - Section 80EEA</title>
      <link>https://www.taxtmi.com/manuals?id=2504</link>
      <description>Deduction for interest on loans for acquisition of a residential house under Section 80EEA allows an individual to claim an annual interest deduction subject to a statutory cap. The deduction applies for specified assessment years and requires that the loan be sanctioned by a financial institution within the prescribed sanction period, the residential property&#039;s stamp duty value not exceed the prescribed valuation threshold, and the assessee not own any residential house property on the loan sanction date.</description>
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      <pubDate>Mon, 20 Mar 2023 11:29:00 +0530</pubDate>
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