Deduction u/s 24

sabyasachi mukherjee   26 May 2020

Possession is not the criterion.

supriya padhiari (CA student)     26 May 2020

Loan taken in oct' 2019 & registration made in Dec, 2019 but possession will be taken in June 1st week, 2020. kindly suggest sir..can I claim the interest deduction?

Ravi SADhiyan (CA Final)     27 May 2020

Property acquired should be consider from the date of registration of property instead of actual possession taken 

So you are eligible to take deduction from the date of Reg of Property 

Thanks With Regards

Ravi SADhiyan

sabyasachi mukherjee   28 May 2020

Registration of the property is sufficient to avail deduction.



possession criterion arises elsewhere.