Start of preemi interest
This query is : Resolved
19 July 2013
I have been paying Pre-EMI interest for my Home.
The possession is expected in FY 13-14
Then Can I claim the pre-emi interest divide by 5 for FY 12-13 (AY 13-14)?
The possession is expected in FY 13-14
Then Can I claim the pre-emi interest divide by 5 for FY 12-13 (AY 13-14)?
19 July 2013
No. 5 equal installment will start only after the completion of construction and possession. you cannot claim for fy-2012-13, since the possession expected on fy-13-14
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