The claim for income tax rebate in India can not be made by savings account that body of individuals, association of person or firms hold. (policybazaar.com)
Taxpayer is eligible for income tax rebate in India up to Rs. 30,000 if he takes home loan for reconstructing; repairing or renewing the accommodation is borrowed after April 1, 1999. (policybazaar.com)
An additional income tax rebate of 10 % of the employee's salary is allowed subject to employer's contribution under section 80CCD (2). (policybazaar.com)