Home Loan

yes you can claim but not now. you can start claiming in that previous year in which the construnction will complete.

20% of Interest paid up to completion of house  you can claim in 5 years beginning from year of completion.

stamp duty u can claim u/s 80c

Only interest portion of the EMI paid till last march prior to posession of the flat shall be allowed as deduction in equal installments for the next five years starting from the year in which posession is received.

No deduction of principal portion paid till march prior to posession of flat or stamp duty will ever be allowed else than for capital gain calculation.

apurav read sec 80c it clearly says stamp duty paid for the prupose of trf of house property to the assesee is eligible for deduction

Dear Rasmhi,

Shashi & Apurv is rite regarding interest........

Furher, Pramod is rite regarding 80 C that repayment of Principal(including stamp duty) can be claimed..I think it cannot be claimed before construction gets completed...