Question
The individuals, who have availed loans for purchase of
residential property, which was sanctioned between 1st April 2019 and 31 March 2021, can avail the deduction of interest payment on such loan as per which among the following sections?Solution
The individuals, who have availed loans for purchase of residential property, which was sanctioned between 1st April 2019 and 31 March 2021, can avail the deduction of interest payment on such loan. The government has proposed to extend the deduction u/s 80EEA by one year i.e., upto 31st March 2022. Hence, all loan sanctioned upto 31 March 2022 shall be eligible for deduction of interest u/s 80EEA i.e., Rs. 1,50,000/- subject to other conditions.
Recently Ministry of Home has approved an amount of Rs. 17.20 crore as the Central share of the State Disaster Response Fund (SDRF) to which of the foll...
Which of the following is a derivative instrument?
A business follows the FIFO method of inventory management and undertook the following inventory transactions during the year :  Â
Which of the following schemes ensures the easy availability of credit to exporters while reducing export-associated risks?
RBI has decided to increase the incentives being paid to the banks for the distribution of coins from Rs. 25 per bag to ____ per bag?
Identify the administering organisation of Rural Infrastructure Development Fund ?
As per the RBI Annual report 2023-24, as of March 31, 2024, what was the Priority Sector Lending (PSL) achievement of Scheduled Commercial ...
As per the Economic Survey 2023-24, what was the primary focus of India's economic response to the pandemic?
A leader consistently emphasizes emotional bonds, conflict resolution, and psychological safety within their team. They actively avoid hierarchical dist...
The capital asset pricing model (CAPM) suggest that, the cost of equity is a trade-off between
