You won't benefit much from affordable home loan tax deduction u/s 80EEA: Here's why

If you have bought a house under the affordable housing category, then you get an additional tax deduction (over and above the benefit under section 24 of the Income-tax Act, 1961) on the interest paid on a home loan taken for buying that house. This deduction can be claimed under section 80EEA for maximum of Rs 1.5 lakh in a financial year. On paper, a tax payer falling in the 30% bracket can save up to Rs 45,000 annually by claiming this