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Parmod Agarwal
Assistant Manager
[ Scorecard : 289]
Posted On 09 March 2010 at 11:36 Report Abuse

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DEAR ALL,

 

WHETHER PRE EMI INTEREST IS FULLY ALLOWED AS DEDUCTION U/S 24 (B) OR IT IS ALLOWED AS DEDUCTION IN 5 EQUAL INSTALEMENT.

 

PLEASE CLARIFY THE SAME.

 

THANKS

PARMOD


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CA Lovenish Bansal
JOB
[ Scorecard : 320]
Posted On 09 March 2010 at 11:44

In five installment

Regd

Lovenish Bansal



D н ! я σ ĵ
F!N/\L
[ Scorecard : 7041]
Posted On 09 March 2010 at 12:08

Yup..

 

The deduction is available for 5 consecutive Years.. [Equal installments]



GAUTAM JAIN CA FINAL

[ Scorecard : 50]
Posted On 09 March 2010 at 12:09

IN 5 EQUAL INSTALLMENTS.



C.Balaji
Student
[ Scorecard : 1601]
Posted On 09 March 2010 at 12:12

Pre Construction Interest - 5 Equal Installments (Ded can be made starting from the year in which construction is complete.)



karan
professional
[ Scorecard : 163]
Posted On 12 March 2010 at 13:08

can he claim Stamp duty and registration charges paid for the same house in pre construction period after completion of construction

As the payment of registration and stamp duty paid in last year and ownership got in this year



Dintakurthi Tirumala
Artical Student
[ Scorecard : 232]
Posted On 12 March 2010 at 17:49

please should go through of section 24(b) u can found answer to u r question u r selfs\

OM SAI SRI SAI JAI JAI SAI



Bala
Student
[ Scorecard : 248]
Posted On 12 March 2010 at 23:15

Dear karan, you cannot claim stamp duty  and regn charges,, it will be added to the cost of the property..





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