Tag Archives: #ITRIncentivesForHousing

Are there any specific deductions available for affordable housing projects in ITR filing?

Affordable Housing Projects The deduction is available to first-time homebuyers who take a home loan for the purchase of an affordable housing projects. An affordable housing property is a residential property whose stamp duty value does not exceed Rs. 45 lakh. The maximum allowable deduction can cappe at Rs. 1.5 lakh per financial year. It… Read More »