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The newest deduction less than area 80EE can be found just to house-residents (individuals) with one household property for the time from sanction from the loan. The worth of the house or property should be below Rs fifty lakh and also the home loan have to be below Rs thirty-five lakh. The borrowed funds obtained from a loan company have to have been approved anywhere between step 1 April 2016 and you will 29 February 2017. The utmost deduction lower than Section 80C, 80CCC and you will 80CCD(1) make try Rs 1.5 lakhs.
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