Contuction loan
Manish Anandvani (121 Points)
17 May 2018Manish Anandvani (121 Points)
17 May 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(196198 Points)
Replied 17 May 2018
Interest paid during construction period over housing loan is allowed to be deducted (u/s. 24b) in five equal installments, from the year when completion certificate is obtained.
Principal over loan can be deducted u/s. 80C from the year when house is ready for occupation.
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GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)