Deduction Under Section 24- Interest Repayment (marvelous Deduction Under Section 24 Interest On Housing Loan #1)

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Deduction Under Section 24- Interest Repayment (marvelous Deduction Under Section 24 Interest On Housing Loan #1)

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Deduction

de•duc•tion (di dukshən),USA pronunciation n. 
  1. the act or process of deducting;
    subtraction.
  2. something that is or may be deducted: She took deductions for a home office and other business expenses from her taxes.
  3. the act or process of deducing.
  4. something that is deduced: His astute deduction was worthy of Sherlock Holmes.
  5. [Logic.]
    • a process of reasoning in which a conclusion follows necessarily from the premises presented, so that the conclusion cannot be false if the premises are true.
    • a conclusion reached by this process. Cf. induction (def. 4).

Under

un•der (undər),USA pronunciation prep. 
  1. beneath and covered by: under a table; under a tree.
  2. below the surface of: under water; under the skin.
  3. at a point or position lower or further down than: He was hit just under his eye.
  4. in the position or state of bearing, supporting, sustaining, enduring, etc.: to sink under a heavy load.
  5. beneath the heading or within the category of: Classify the books under "Fiction'' and "General.''
  6. as designated, indicated, or represented by: to register under a new name.
  7. below in degree, amount, etc.;
    less than: purchased under cost.
  8. below in rank;
    of less dignity, importance, or the like: A corporal is under a sergeant.
  9. subject to the authority, direction, or supervision of: a bureau functioning under the prime minister.
  10. subject to the instruction or advice of: to study the violin under Heifetz.
  11. subject to the influence, condition, force, etc., of: under these circumstances; born under the sign of Taurus.
  12. protected, controlled, or watched by: under guard.
  13. authorized, warranted, or attested by: under one's hand or seal.
  14. in accordance with: under the provisions of the law.
  15. during the rule, administration, or government of: new laws passed under President Reagan.
  16. in the state or process of: under repair; a matter under consideration.
  17. powered by the means indicated: under sail; under steam.
  18. under wraps. See  wrap (def. 16).

adv. 
  1. below or beneath something: Go over the fence, not under.
  2. beneath the surface.
  3. in a lower place.
  4. in a lower degree, amount, etc.: selling blouses for $25 and under.
  5. in a subordinate position or condition.
  6. in or into subjection or submission.
  7. go under: 
    • to give in;
      succumb;
      yield: She tried desperately to fight off her drowsiness, but felt herself going under.
    • to fail in business: After 20 years on the same corner they finally went under.

adj. 
  1. beneath or on the underside: the under threads of the embroidery.
  2. lower in position.
  3. lower in degree, amount, etc.
  4. lower in rank or condition.
  5. subject to the control, effect, etc., as of a person, drug, or force: The hypnotist had her subject under at once. The patient was under as soon as he breathed the anesthetic.

Section

sec•tion (sekshən),USA pronunciation n. 
  1. a part that is cut off or separated.
  2. a distinct part or subdivision of anything, as an object, country, community, class, or the like: the poor section of town; the left section of a drawer.
  3. a distinct part or subdivision of a writing, as of a newspaper, legal code, chapter, etc.: the financial section of a daily paper; section 2 of the bylaws.
  4. one of a number of parts that can be fitted together to make a whole: sections of a fishing rod.
  5. (in most of the U.S. west of Ohio) one of the 36 numbered subdivisions, each one square mile (2.59 sq. km or 640 acres), of a township.
  6. an act or instance of cutting;
    separation by cutting.
    • the making of an incision.
    • an incision.
  7. a thin slice of a tissue, mineral, or the like, as for microscopic examination.
  8. a representation of an object as it would appear if cut by a plane, showing its internal structure.
  9. [Mil.]
    • a small unit consisting of two or more squads.
    • Also called  staff section. any of the subdivisions of a staff.
    • a small tactical division in naval and air units.
    • a division of a sleeping car containing both an upper and a lower berth.
    • a length of trackage, roadbed, signal equipment, etc., maintained by one crew.
  10. any of two or more trains, buses, or the like, running on the same route and schedule at the same time, one right behind the other, and considered as one unit, as when a second is necessary to accommodate more passengers than the first can carry: On holidays the New York to Boston train runs in three sections.
  11. a segment of a naturally segmented fruit, as of an orange or grapefruit.
  12. a division of an orchestra or band containing all the instruments of one class: a rhythm section.
  13. [Bookbinding.]signature (def. 8).
  14. Also called  section mark. a mark used to indicate a subdivision of a book, chapter, or the like, or as a mark of reference to a footnote.
  15. [Theat.]one of a series of circuits for controlling certain lights, as footlights.
  16. shape (def. 12).

v.t. 
  1. to cut or divide into sections.
  2. to cut through so as to present a section.
  3. to make an incision.

Interest

in•ter•est (intər ist, -trist),USA pronunciation n. 
  1. the feeling of a person whose attention, concern, or curiosity is particularly engaged by something: She has a great interest in the poetry of Donne.
  2. something that concerns, involves, draws the attention of, or arouses the curiosity of a person: His interests are philosophy and chess.
  3. power of exciting such concern, involvement, etc.;
    quality of being interesting: political issues of great interest.
  4. concern;
    importance: a matter of primary interest.
  5. a business, cause, or the like in which a person has a share, concern, responsibility, etc.
  6. a share, right, or title in the ownership of property, in a commercial or financial undertaking, or the like: He bought half an interest in the store.
  7. a participation in or concern for a cause, advantage, responsibility, etc.
  8. a number or group of persons, or a party, financially interested in the same business, industry, or enterprise: the banking interest.
  9. interests, the group of persons or organizations having extensive financial or business power.
  10. the state of being affected by something in respect to advantage or detriment: We need an arbiter who is without interest in the outcome.
  11. benefit;
    advantage: to have one's own interest in mind.
  12. regard for one's own advantage or profit;
    self-interest: The partnership dissolved because of their conflicting interests.
  13. influence from personal importance or capability;
    power of influencing the action of others.
  14. [Finance.]
    • a sum paid or charged for the use of money or for borrowing money.
    • such a sum expressed as a percentage of money borrowed to be paid over a given period, usually one year.
  15. something added or thrown in above an exact equivalent: Jones paid him back with a left hook and added a right uppercut for interest.
  16. in the interest(s) of, to the advantage or advancement of;
    in behalf of: in the interests of good government.

v.t. 
  1. to engage or excite the attention or curiosity of: Mystery stories interested him greatly.
  2. to concern (a person, nation, etc.) in something;
    involve: The fight for peace interests all nations.
  3. to cause to take a personal concern or share;
    induce to participate: to interest a person in an enterprise.
  4. to cause to be concerned;
    affect.

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