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Self occupied Property

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 June 2010 the property was occupied on 31.03.2010. Is it eligible for deduction u/s 24(b)
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CMA Ramesh Krishnan

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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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