Home loan interest claim in itr

This query is : Resolved 

09 June 2019 I have purchased a under construction flat. I have borrowed a loan from hdfc home loans. I am expecting to get possession of flat by next year. My EMI (principal + interest) is started from December 2018.
My question is can I claim the interest paid for under construction house in ITR?

09 June 2019 No you can't. Interest paid before construction allowed from the year of construction in 5 equal instalments for next 5 years.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query