About preconstruction period
This query is : Resolved
27 February 2013
Respected sir/madam,i am in dilemma regarding pre-construction interest.
Problem is one of our clients have two houses in last assessment year- 2012-13.one of the property sold in the month of februaty-12. My question is whether he is eligible to claim deduction for pre-construction interestin in the current year even though it is sold in last year itself.
Problem is one of our clients have two houses in last assessment year- 2012-13.one of the property sold in the month of februaty-12. My question is whether he is eligible to claim deduction for pre-construction interestin in the current year even though it is sold in last year itself.
Dintakurthi Tirumala
(Expert)
27 February 2013
The question is missing some clarification for you doubt Fist please report me date of acquisation of such two houses. You asking about pre-construction interest but saying assess owned two houses.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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