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Interest on home loan

This query is : Resolved 
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(Querist)
01 April 2016 Hello All
Sir I want to know that if I had taken loan on property for purchase in 2007 and got possession and shifted in 2008. For how many years I can claim deduction u/s 24 and 80C for interest and principal amount. I have cleared loan in Oct 15.
Please clarify and guide.
Regards
Sanjay
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
01 April 2016 You are asking for Loan of Construction of House Property ???
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sanjay

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sanjay (Querist)
01 April 2016 I am asking that after I got possession of furnished property, for how many yrs I can claim interest and principal amount as deduction u/s 24 & 80C.
Pl advise
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
01 April 2016 Simple.....!!! Pay loan and take deduction...!!! No Pay no deduction....!!!
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