Section 80EEA Declaration: Affordable Housing Loan Interest
Claim the additional deduction for interest on a loan for an affordable house, with the conditions on sanction date and property value.
Law version: FY 2025-26 (Income-tax Act, 1961); Tax Year 2026-27 onwards (Income-tax Act, 2025). Checked on 26 Sep 2026.
What it is
Section 80EEA of the Income-tax Act, 1961 allows a first-time home buyer an additional deduction of up to ₹1,50,000 a year for interest on a loan from a bank or housing finance company, over and above the regular deduction for home loan interest. The loan must have been sanctioned between 1 April 2019 and 31 March 2022 and the stamp duty value of the house must not exceed ₹45 lakh. From Tax Year 2026-27 the deduction is under Section 131 of the Income-tax Act, 2025. It is available only under the old tax regime.
When it is used
- Declaring the deduction to the employer for TDS.
- Claiming the deduction in the return.
- Checking eligibility for an existing home loan.
What the template covers
- Name, PAN, address and year
- Loan sanction date, lender and account number
- Sanctioned amount and interest paid
- Property address and stamp duty value
- Declaration of not owning another house on sanction
- Declaration on Section 80EE
Details you will need
The generator asks for the following. Fields marked with an asterisk in the form are required; the rest can be left blank and filled in later in Word.
Declaration
Date; Financial Year / Tax Year
Assessee
Assessee Name; PAN; Address
Loan
Loan Sanction Date; Lender (Bank/Housing FI); Loan Account No.; Sanctioned Loan Amount (₹); Interest Paid during FY (₹)
Property
Property Address; Stamp Duty Value of Property (₹); Carpet Area (sq.m.); City Category
Eligibility
First-time Home Buyer?; Claiming Section 80EE separately?
Stamp duty, registration and filing
The individual must not own any residential house on the date of sanction and must not claim Section 80EE for the same loan. The interest must first exhaust the regular home loan interest deduction limit before the additional deduction is claimed. Keep the lender's interest certificate. Check the conditions on incometax.gov.in.
The deduction is available only under the old tax regime. It is Section 80EEA up to FY 2025-26 and Section 131 from Tax Year 2026-27.
Generate the Section 80EEA Declaration — Affordable Housing Loan Interest
Fill in the form and download the draft as a Word file. It is a general template, not legal or professional advice; have it reviewed for your facts before you sign or rely on it.
Need this checked against your facts, or the registration or filing that follows (e.g. TDS returns, ITR)? Contact SKAG and Associates
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Frequently asked questions
Can I claim 80EEA for a loan sanctioned in 2023?
No. The loan must have been sanctioned between 1 April 2019 and 31 March 2022.
Is 80EEA available under the new tax regime?
No, only under the old regime.
Can both co-borrowers claim 80EEA?
Each co-borrower who meets the conditions, including not owning another house, can claim for their share of interest.
This page gives general information for reference only. Laws, stamp duty rates and filing requirements change and differ between States, so confirm the current position for your case. Related: all document templates · free tax calculators · compliance calendar and guides.