Deduction u/s 24 for interest

You can claim but you have to prove the same.

As per section 24(b) where the property has been acquired, constructed, repaired, renewed or reconstructed with borrowed capital, the amount of any interest payable on such capital.

To avail deduction towards interest the property to be "acquired / constructed etc." with such borrowed funds. Normally mortgage loan will be given after acquiring the property. In my view interest paid on mortgage cannot be claimed as deduction u/s 24(b).

i am interested....what kind of proof would be usually asked...just for information and learning sir

As per third proviso to section 24 of the IT Act, to claim interest on self occupied property, the assessee has to produce a certificate from the person to whom any interest is payable on the capital borrowed, specifying the amount of interest payable by the assessee for the purpose of such acquisition or construction of the property......