Composite loan

if I buy a plot and plan to construct a house,then in how many years should I complete it ,to avail tax exemption on loan for land and house?
Replies (2)
Quick Summary
If you're taking out a composite loan to buy a plot and build a house, you need to complete the construction within five years of taking out the loan to qualify for tax exemptions. This applies to both the land purchase and the house construction elements of the loan.

Within 5 years from the date of borrowing loan
With in 5 year from the date of your loan

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