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ITA 1961 → DTC 2025Deductions

Section 80EE Section 130

Deduction in respect of interest on loan taken for residential house property

RetainedLow - Phasing out.

Quick Answer

Section 80EE of the Income Tax Act, 1961 (Deduction in respect of interest on loan taken for residential house property) corresponds to Section 130 of the Direct Tax Code 2025 (Income-tax Act, 2025), effective 1st April 2026. Status: Retained.

Old Law (ITA 1961)Ch: VI-A

Sec 80EE

Provision Summary

Additional deduction up to Rs. 50,000 for interest on home loans sanctioned between April 2016 and March 2017.

New Law (DTC 2025)Ch: VIII

Sec 130

Provision Summary

Sunset clause active. Maintained strictly for older loans that are still running.

Key Changes & Highlights

  • Replaced entirely by updated limits in Section 24(b) for new buyers.

Related Sections

Frequently Asked Questions

What does Section 80EE of the Income Tax Act 1961 deal with?

Section 80EE (Deduction in respect of interest on loan taken for residential house property) Additional deduction up to Rs. 50,000 for interest on home loans sanctioned between April 2016 and March 2017.

What is the new section number for Section 80EE under the Direct Tax Code 2025?

Section 80EE of the ITA 1961 maps to Section 130 of the Direct Tax Code 2025 (Income-tax Act, 2025), effective from 1st April 2026.

What is the status of Section 80EE under the new tax code?

Section 80EE is marked as "Retained" with status "Modified". Impact: Low - Phasing out.

What are the key changes to Section 80EE under DTC 2025?

Replaced entirely by updated limits in Section 24(b) for new buyers.

Disclaimer: This page is for educational and reference purposes only. Section mappings are based on publicly available drafts and circulars. Always consult a qualified Chartered Accountant before filing or making compliance decisions under the Direct Tax Code 2025.

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