Dear Sir

Please advice whether I should allow deduction under Sec 24 towards intrest on Home Loan if the assesee has taken a Home Loan & has started paying his EMI but has not got possession of house in curent financial year. The assessee is currently residing in a rented house & claiming HRA also.

For Principle amount he is claiming deduction u/s 80 C.

Regards
Satyam

Dear Sir

Please advice whether I should allow deduction under Sec 24 towards intrest on Home Loan if the assesee has taken a Home Loan & has started paying his EMI but has not got possession of house in curent financial year. The assessee is currently residing in a rented house & claiming HRA also.

For Principle amount he is claiming deduction u/s 80 C.

Regards
Satyam

Dear Sir

Please advice whether I should allow deduction under Sec 24 towards intrest on Home Loan if the assesee has taken a Home Loan & has started paying his EMI but has not got possession of house in curent financial year. The assessee is currently residing in a rented house & claiming HRA also.

For Principle amount he is claiming deduction u/s 80 C.

Regards
Satyam

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