The Budget 2020 didn’t have much more for the homebuyers except for those in the affordable housing segment. The finance minister has proposed to extend the benefit of additional tax deduction to homebuyers in the affordable housing segment. Under Section 80EEA homebuyer can avail an additional deduction of Rs 1 lakh 50 thousand over and above Rs 2 lakh deduction available under section 24.
How homebuyers will benefit from Budget 2020 | Why Not Mint Money
The Budget 2020 didn’t have much more for the homebuyers except for those in the affordable housing segment. The finance minister has proposed to extend the benefit of additional tax deduction to homebuyers in the affordable housing segment. Under Section 80EEA homebuyer can avail an additional deduction of Rs 1 lakh 50 thousand over and above Rs 2 lakh deduction available under section 24.
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