Self occupied Property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 June 2010
the property was occupied on 31.03.2010. Is it eligible for deduction u/s 24(b)
CMA Ramesh Krishnan
(Expert)
16 June 2010
Interest u/s.24(b) based on the completon of construction of house.since you are occupied the house on 31.3.2010. the construction might have completed before also the financial year 2009-10 ending with 31.3.2010 only so you are eligible for claim interest
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