POSTED BY March 15, 2014 9:08 am COMMENTS (3)ON
I took a home loan (from Bank A) in November 2012 to purchase a house, which was registered in November 2012. In 2013-2014 I paid Rs. 210000/- as interest to that loan. In January 2014 I shifted that loan to another bank (Bank B), where I paid Rs. 40000/- as interest.
I need to know whether I can get deductions from taxable income under section 24b (maximum limit Rs. 150000/-) and section 80EE (maximum limit Rs. 100000/-) both for the assessment year 2014-2015.