Additional deduction on home loan interest for affordable housing, in addition to ₹2,00,000 under Section 24 — bringing total home loan deduction to ₹3,50,000.
Eligibility
- No other house property at time of loan sanction
- Stamp duty value: ₹45 lakhs or less
- Carpet area: up to 60 sq.m. for metro cities
- Carpet area: up to 90 sq.m. for other cities
- Loan sanctioned between 01.04.2019 and 31.03.2022
This guide reflects FY 2025-26 (AY 2026-27) and is for general information. Tax rules and limits change, and how they apply depends on your circumstances. It is not professional tax advice; consult a qualified Chartered Accountant before acting.
