Extending time limit for sanctioning of loan for affordable housing for availing deduction under section 80EEA of the Act

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..... rovisions of section 80EEA of the Act provide for a deduction in respect of interest on loan taken from any financial institution for acquisition of an affordable residential house property. The deduction allowed is up to one lakh fifty thousand rupees and is subject to certain conditions. One of the conditions is that loan has been sanctioned by the financial institution during the period from 1s .....

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