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?
My question is can I claim the interest paid for under construction house in ITR?
CA Rashmi Gandhi
(Expert)
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.
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