Home loan interest claim
This query is : Resolved
06 March 2010
I have taken home loan on sep-09. The EMI from home loan is started from oct-09. The flat for which the loan is taken is still not completed. The same will be completed after mar-10. May I claim the interest which included in EMI as loss from House property in this year 2009-10.
06 March 2010
NO, you can claim the same after possession of the house in next five year (1/5 each year)
06 March 2010
Agree with Shri Kailash.
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