Loss from house property & 80c deduction

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Kiran Patil (Querist)
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17 January 2012 Dear sir,

i want to know whether benefit of interest loss & benefit u/s 80c for principal amt. is available if plot of land taken by availing bank loan,

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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17 January 2012 Until construction is not completed the interest can not be claimed under Section 24.
.
Similarly Registration Fee is allowed in the case of transfer of Residential house purchased.
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So the answer is NO.

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