Under section 22 of the Income-tax Act, 2025, which of the following conditions must be satisfied to…

Section 22(1)(b) of the Income-tax Act, 2025 allows deduction of interest on capital borrowed for acquiring, constructing, repairing, renewing or reconstructing a house property. For a self-occupied property whose annual value is nil under section 21(6), section 22(2) caps the deduction at Rs 2,00,000 only where the property has been acquired or constructed with borrowed capital (a), the acquisition or construction is completed within five years from the end of the tax year in which the capital was borrowed (d), and a certificate is furnished from the person to whom the interest is payable; in any other case the limit is Rs 30,000. The section prescribes no date from which the loan must be taken (b), no period within which the loan must be used (c) and no ceiling on the rate of interest (e), so the answer is a and d only. This deduction for a self-occupied property is not available under the new tax regime (section 202(2)(a)(v)). (Formerly section 24(b) of the 1961 Act.)