I am private salaried employee. I bought new home last year .i.e. July 2013. Got possession on 30 March 2014.
I have claimed 1Lk under Principal amount .
As I was not sure I will get possession of home in financial year 2013-14 , I did not claim Home loan Interest amount. ( someone told me one should not claim interest amount till he get possession in that financial year). I paid 1,57,000 as an interest.
My questions
Can I claim home loan interest in ITR1? If Yes Where, I mean under which column?
How much amount I can claim?
Do I need to Provide any documents as a proof of paid interest?
CAclubindia
