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Section 24b

This query is : Resolved 

06 July 2015 If assessee has taken pre construction loan & he wants to claim its interest in next 5 previous years but in actuality he has got 2 year late possession after construction due to builder's mistake..so can he claim that interest?

06 July 2015 Yes he can claim deduction

06 July 2015 How? I wanna answer with reference to section or any case study...can you provide it?




06 July 2015 How? on what basis you are saying yes? any section reference or any case study?

06 July 2015 What section says after completion of construction end of that financial year in which such construction complete from that date only he is eligible to take deduction. Minor or partial amount of pending not taken into consideration.



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