section 80EEA
3 years ago
With current home loan interest rates and the max property value limit of 45lakhs, we can never avail full benefit of section 80EEA. So if we buy a house which meets the conditions of section 80EEA and then buy a second house, and avail the interest of house loan 2 for deduction under section 24(b) and interest of house loan 1 for deduction under section 80EEA, we can avail full benefit of section 24(b) and section 80EEA. Is this allowed?
Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
Yes, you can claim full exemption on the second house.
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Yes, you can claim full exemption on the second house.
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A.Hi,
Yes, you can go ahead with the same.
Yes, you can go ahead with the same.
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