Section 80EEA offers an extra deduction on home loan interest for first-time buyers when the loan is sanctioned within the eligible period and property value limits are met — over and above Section 24(b).
Eligibility checklist
- First residential house property
- Loan sanctioned between notified dates
- Stamp duty value within prescribed cap
- Claim in old tax regime — verify new regime rules
Compare home loan tax benefits, Section 80EE, and personal tax filing.
