CA Abhishek keshari (A.K. Keshari & Associates) (106 Points)
05 August 2016dear friends,
Can i claim preconstructino period home loan if not claimed in privious 2 year . (loan year 2013, possession year 2014) deduction U/s 24 ..
1/5 of the intrest only claim or total 3 year. can i claimed as deduction.
can i claim HRA and loan deduction both if house is in deffrent city self ocupaid.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160779 Points)
Replied 05 August 2016
You can claim only 20% of it this year, but can revise your earlier returns for the missed claims.
Yes, both HRA and interest deduction on HP can be claimed simultaneously.
CAclubindia
