Hello, I took possession of an apartment in Aug-2010 and sold it in Jan-2015.
1. In the FY2014-15 ITR return, can I claim the 1/5th of the pre-construction interest in FY2014-15, i.e. in the year of the sale ?
2. Can I claim the interest paid till Jan-2015 when the home loan was foreclosed in the FY2014-15 ITR return ?
3. If on this sale, I am making a loss after considering indexation, can this loss be carried forward ?
Please advise. Many Thanks.
CAclubindia
