Section 24 and 80ee it act
Querist : Anonymous
Pl clarify following doubts.
--My home loan sanctioned in March 2013 but loan A/c opened and loan disbursement made in April 2013. Will I get section 80EE benefit of additional Rs 1 lac in 2013-2014?
-- Bldg likely to be completed in Feb 2014 but Registration may happen in April 2014. Will I get Interest deduction benefit in 2013-2014?
--The Bldg will remain vacant as I am posted outside. Will the limit of Rs 1.5 lac apply to me or it will be limitless?
SKM Kolkata
2. If you are in possession before 31 March 2014, then you can claim interest deduction. Else you shall have to claim it in the next year.
3. if not rented out, it shall be limited to Rs 1.5 lacs
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Sales return eway bill
- REGARDING GST LIABILITY/....
- Suggestions required for income tax filing-software (FY 2025-26)
- Loan by Partnership Firm
- E way bill for tractors
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
