Sir,
Can I get deduction for Pre EMI intereest u/s 24
Arun Gupta (Tax Professional ) (222 Points)
13 February 2017Sir,
Can I get deduction for Pre EMI intereest u/s 24
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160668 Points)
Replied 13 February 2017
Not while underconstruction. It is accrued till completion and allowed to be deducted in 5 equal installments from the year of completion.
CAclubindia
