Believe venturing into the shoes out of Rajesh, a first-day homebuyer whoever ambitions regarding the having a comfortable flat is actually ultimately is possible. When he explores new network off records and mortgage data, Rajesh stumbles on a low profile treasure-trove-taxation positives that’ll changes their financial lbs to the a golden opportunity.

Such as for example a keen explorer translating a classic publication, Rajesh reveals Area 80EEA, a provision from the Income tax Operate one vows to cut his taxable money by to Rs step one,50,000 most of the financial season. It’s prepared when you look at the light out-of particular actions for example- to acquire a house valued to Rs forty-five lakh rather than having more land at the time of loan acceptance.

This disclosure set him on vacation to unwind this new treasures from home loan taxation positives, for every disclosure facilitating the extra weight into the his bag.

Sign-up us even as we put down about this financial endeavour, examining the brand new uncharted regions off Part 80EEA and you may past. Read more