Income tax rebate on housing loan
This query is : Resolved
31 January 2014
Sir,
I K MURALIDHARAN, WORKING IN A PUBLIC SECTOR COMPANY IN CHENNAI I HAVE TAKEN A HOUSING LOAN OF RS.1200000/- IN FY 2013-2014
(TOTAL FLAT COST IS LESS THAN 40 LAKHS). FOR PURCHASING A FLAT WHICH IS UNDER CONSTRUCTION AND READY IN APRIL 2014. I WANT WHETHER THE EMI AND INTEREST DEDUCTED CAN BE CLAIMED FOR IT REBATE UNDER SECTION 80EE. PLEASE DO THE NEEDFUL TO ME.
REGARDS
K MURALIDHARAN
I K MURALIDHARAN, WORKING IN A PUBLIC SECTOR COMPANY IN CHENNAI I HAVE TAKEN A HOUSING LOAN OF RS.1200000/- IN FY 2013-2014
(TOTAL FLAT COST IS LESS THAN 40 LAKHS). FOR PURCHASING A FLAT WHICH IS UNDER CONSTRUCTION AND READY IN APRIL 2014. I WANT WHETHER THE EMI AND INTEREST DEDUCTED CAN BE CLAIMED FOR IT REBATE UNDER SECTION 80EE. PLEASE DO THE NEEDFUL TO ME.
REGARDS
K MURALIDHARAN
31 January 2014
no.. you have to have possession of flat in 2013-2014.
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