Taxpayers advised to claim newly inserted Deductions under Income Tax Return filing 2019-20

The Government has introduced two new deductions namely deduction for interest on affordable housing loan and deduction for interest on electric vehicle loans for the taxpayers who earned the income during the financial year 2019-20. Firstly, the deduction for interest on affordable housing loans can be claimed under the newly inserted Section 80EEA of the […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2IJH60s