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Home loan tax refund

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This query is : Resolved

Abhishek (Querist)
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13 January 2019 Hello, self got a loan of 30 lacs for purchase of a flat and was cleared by SBI in Oct 15. House was under-construction and got completed in Dec 17. Hence after receiving the possession letter in jan 18, I filed the ITR in mar 18 for refund. Query for above is that for 17-18, I have received tax refund, but for years 15-16 and 16-17 can I ask for tax refund. If yes then how. As max limit is 60000/- that for each year m eligible. So should I forget the tax rebate of previous years for which I have paid the loan but not filed the ITR due to possession letter.
Thank you
Regards

Nikhil Kaushik

Nikhil Kaushik (Expert)
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13 January 2019 any amount of interest for the years before you got the possession, needs to be claimed in subsequent five years in five equal instalment.

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