House property

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2015 HELLO EXPERTS TO AVAIL THE INTEREST BENEFIT OF 150000 IN CASE OF SELF OCCUPIED PROPERTY THE LOAN SHOULD BE TAKEN ON OR BEFORE 1.4.1999 AND THE CONSTRUCTION OF HOUSE SHOULD BE COMPLETED WITH IN 3 YEARS FROM THE END OF THE FINANCIAL YEAR IN WHICH THE LOAN HAS BEEN TAKEN.......NOW MY QUESTION IS LOAN IS TAKEN 0N 1.4.2012 AND CONSTRUCTION IS COMPLETED BY 31.12.2012 I.E., IN SAME YEAR IN WHICH LOAN IS TAKEN.........NOW INTEREST BENEFIT OF 150000 CAN BE AVAILED OR NOT??????????????????????????????/PLZZZZZZZZZZZ REPLY ME

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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02 February 2015 Yes it will be available since loan was sanctioned on or after 1.4.99 and construction is also completed within stipulated time.

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2015 thank u ........................................................................

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