hi all,
Could some help me out on Housing loan taken for under construction building or apartments are eligiable for Tax savings.
If no, please give some explantion with section
Thanks
2 Replies
Yogesh Kumar
(Job)
(180 Points)
Replied 07 June 2012
Interest paid till construction will be cummulate and same will be claimed in five equal installment.
Interest paid after construction period can be claimed on annual basis.
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