banner_ad

Deduction of Home Loan d Interest in period in Under construction or Pre ,-construction

Others 316 views 3 replies
User Avatar

35 Points Posted on 10 March 2022
sir ,How take interest of Home loan under construction means under construction? and Not get completion certificate but sale deed. made ? pls explain in details
0 Reply Share Follow
On 10 March 2022 at 11:46 Report
Replies (3)
User Avatar

CFO- at NHTF
58280 Points Posted on 10 March 2022
Home loan or interest paid for house under construction can't be claimed during construction..

Only interest can be claimed after the construction is completed.

Get occupation certificate to claim
Reply
On 10 March 2022 at 14:54
User Avatar

Chartered Accountant
12739 Points Posted on 11 March 2022

1. Interest paid for the House Property construction can be claimed u/s 24.

and pre- construction interest ALSO can be claimed in 5 equal instalments.

 

2. "Principal amount" of Loan taken for House Property can be claimed u/s 80C

Reply
On 11 March 2022 at 13:12
User Avatar

CFO- at NHTF
58280 Points Posted on 13 March 2022
As per records it's still under construction.So it can't be availed
Reply
On 13 March 2022 at 09:31


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details