House property
This query is : Resolved
Ajinkya Prakash Karve
(Querist)
31 May 2013
A housing loan is taken in a april 2012 and possession of house is taken in feb 2013. that person stared paying interest from april 2012. Does he get the deduction of interest of housing loan interest in that financial year?
Dintakurthi Tirumala
(Expert)
31 May 2013
Yes, he avail the deduction u/s 24(b) for interest on housing loan.
OM SAI SRI SAI JAI JAI SAI
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