This applies to individuals buying a home. You can claim for deduction on interest payment of up to ₹1,50,000 per annum on your housing loan under Section 80EEA, provided you don't own any other , and subject to conditions prescribed. This deduction is over and above the deduction of ₹2,00,000 per annum for interest amount payments which is available under Section 24 of the Income Tax Act.