Dear all,
I have taken home loan for new house property. I will get possession on Dec 18. can i get deduction of Home loan principle & Interest in the F Y 2018-19
Further, If I get possession in the F Y 2019-20 Can I get deduction for Home loan principle & Interest in the F Y 2018-19
Please explain
LAON LOAN PAYMENTS IN 2017-18 SO U CAN TAKE BENEFIT OF THE SAME IN A/Y 2018-19
PRINCIPAL U/S 80C
INTEREST U/S 24(b)
if you get possession in 2019-20, then you cannot claim deduction in FY 2018-19
Jawahar and Associates Chartered Accountants
Hyderabad
CA Inter
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BANSAL YOGESH AND CO
Gautam Budh Nagar
B.Com
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