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Section 24 - income from house property

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02 October 2014 Hi,

Please guide me what is the maximum period of construction is allowed for calculation of Pre construction period Interest.

Also What meaning of completion of construction? is it Possession or completion of full society by township developer

Regards,
Darshan

03 October 2014 maximum three years as per second proviso to section 24.

while completion means when you get certificate of completion.

06 October 2014 3 years is the max time....................






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