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Deduction of interest u/h house property

This query is : Resolved 

23 January 2013 sir, mr.A had acquired flat from 'housing board haryana'
now mr.A paying amount in installments including interest
does this amount of interest qualify for deduction u/h house property?

23 January 2013 Interest will qualify for deduction u/s24b. but you might of completed the construction then only claim interest deduction, if construction is going on, then interest during construction period need to accumulate and can be claimed in 5 equal installment after completion


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