HRA & Interest on Housing loan

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 April 2010 can i claim HRA and Interest on housing loan, i stayed in rented house till Feb 2010 by that time house was under construction. In march 2010 i occupied that house for selt occupation, can i claim Interest on housing loan for the period April 2009 to March 2010. and HRA April to Feb 2010

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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27 April 2010 You can claim HRA april to feb 2010. and Interest of pre-construction & pre-acquisiton period period is allowed in five equal annual instalment commencing from the previous year in which these is acquired or constructed.

i.e you can claim 1/5 of interest paid before acquistion in FY 2009-10.

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