DEDUCTION U/S 24 ON PAYMENT OF EMI TO BANK

SATPAL SINGH (SERVICE) (30 Points)

11 February 2009  

HI, I HAVE TAKEN SBI REALTY HOME LOAN (Rs. 9,40,000) IN JAN, 2009 AND IT'S EMI STARTED FROM 10 FEB, 2009. I PURCHASED PLOT FROM LOAN. I JUST WANT TO KNOW CAN I CLAIM DEDUCTION UNDER SECTION 24 AND 80C BEFORE THE CONSTRUCTION ON IT?