Interest on Housing Loan
This query is : Resolved
Pushkar Kumar
(Querist)
26 July 2010
Dear All
In any case interest on Housing loan can be more than Rs.1,50,000 like if it include Pre construction period interest?
Whether Pre construction period interest should include in Interest on Housing loan.....??????? or should be considered separately.
Thanks
In any case interest on Housing loan can be more than Rs.1,50,000 like if it include Pre construction period interest?
Whether Pre construction period interest should include in Interest on Housing loan.....??????? or should be considered separately.
Thanks
Aditya Maheshwari
(Expert)
26 July 2010
total deduction allowable for interest on purchase of SOP inclusive of pre consturction period interest is Rs. 150,000.
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