Tax

Save Share

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2013 sir,
i have housing loan in SBI for 4 lackhs and i am getting tax exemption on interest past 5 years , now this financial year 12-13 i have transferred to hdfc housing loan and further i have taken 19 lackhs in the same property for construction form hdfc.i have completed house construction the same year, i got pre-emi and interest statement from hdfc , and interest statement from SBI.

for claiming tax exemption what document i have to submit and whole pre emi tax benfit i will get this year.
please guide me

CA. RAGHAV GARG

CA. RAGHAV GARG (Expert)

26 June 2013 You will get benefit of INTEREST PAID in both banks only and not for PRE EMI Payments.

Querist : Anonymous

Querist : Anonymous (Querist)

26 June 2013 Dear Raghav
thank you for your advice, i have received statement from hdfc that principal component , interest component and pre-emi interest component, all the 3 component i am eligible. I have return fill in ITR1 or ITR2
please advice me.

dsridhar

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now