Pre construction interest u/s 24(b)
This query is : Resolved
Pratik Kambli
(Querist)
22 July 2014
Loan was taken in 2008-09 and constuction was completed in 2012-13 then PCI deduction shall be allowed for 5 years from 2012-13
if house is sold in 2014-15 then what will be the treatment for remaining deduction of PCI??????
if house is sold in 2014-15 then what will be the treatment for remaining deduction of PCI??????
22 July 2014
after sales not allowed to claim any int on the house property cal.
Nikhil Kaushik
(Expert)
26 July 2014
but you can include the interest paid to the cost of the house.... refer https://smartheadconsulting.com/shc/wp-content/uploads/2012/01/TRACGFPS.pdf
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