Hi,
In my opinion you can Calum 80EE. Needless to mention that it will be a litigative position.
Please feel free to call/ revert in case you need more clarity.
Thanks and regards
Abhishek Dugar
CA CS B.Com
Can I claim under section 80 EE? My facts :1) First time flat buyer. 2)Property under 50 lacs 3)First home loan in May 2016 is Rs 36 lacs however I close the loan by transferring the loan to Axis bank within the same financial year in March 2017 and the amount is Rs 33Lacs.Can I claim under 80 EE???.
Hi,
In my opinion you can Calum 80EE. Needless to mention that it will be a litigative position.
Please feel free to call/ revert in case you need more clarity.
Thanks and regards
Abhishek Dugar
CA CS B.Com
Hi,
As you have closed your original loan account by transferring to New loan account, you can claim under section 80 EE, but make sure Axis bank loan agreement does not mentioned that the original loan amount was more than 36
and loan is being transferred .
If your case falls under scrutiny then assessing officer can ask for the current loan documents. I suggest not to claim for deduction for First home loan.
Hello,
Yes, you are elligible for the deduction.
Trust this clarifies your query.
Feel free to call / get back in case of further clarifications.
Thanking You.
Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP