Deduction for first-home buyers - Section 328
Additional deduction of ₹1,50,000 on interest on home loan for first-time home buyers if stamp duty value of property ≤ ₹45 lakh. Loan must have been sanctioned between April 1, 2019 and March 31, 2022.
Key provisions
- Additional deduction of ₹1,50,000 on interest on home loan for first-time home buyers if stamp duty value of property ≤ ₹45 lakh. Loan must have been sanctioned between April 1, 2019 and March 31, 2022.
Use via API
GET/v1/tax-law/sections/by-2025-ref/328
Programmatic access - free, no signup required. ISR-cached for 24 hours.
REQUEST · cURL
curl https://api.thynktax.com/v1/tax-law/sections/by-2025-ref/328
RESPONSE · 200 OK
{
"act_2025_ref": "328",
"old_reference": "Section 80EEA, Income Tax Act 1961",
"title": "Deduction for first-home buyers - Section 328",
"category": "Section",
"limit_or_rate": "-",
"applicable_to": "-",
"effective_from": "2026-04-01"
}