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What is the provision for interest on house building advace

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 August 2013 sir,
My client is working in Indian Army. He took House Building Advance. can he take benefit of interest on house building advance under income from house property (sec.24) which is deducted from his advance.
thanks
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
09 August 2013 int should be paid in current year and for that he needs to pay in relation to loan for construction or purchase of house property.
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