Deduction in respect of interest on loan taken for certain house property.

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Full Text of the Document

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....e on loan taken by him from any financial institution for the purpose of acquisition of a residential house property, subject to a maximum limit of one lakh and fifty thousand rupees in a tax year and on fulfilment of conditions specified in sub-section (2), for the tax year beginning on the 1st April, 2019 and subsequent tax years. (2) The deduction under sub-section (1) shall be subject to the ....