Home loan in stages

if I build a single floor house satisfying 80EE conditions then rebuild the second floor ,then can I claim principal and interest of second loan too?

since the new tax rules allow for second house.
Replies (3)
Quick Summary
This discussion explores the possibility of claiming tax benefits on home loans when building a house in stages. It clarifies that you can indeed claim deductions for principal and interest on loans for subsequent floors, even if the first floor qualified under Section 80EEA. The conversation confirms that multiple home loans for different stages of construction can be eligible for various tax deductions under different sections of the Income Tax Act.

Yes you can
Yes you can
infact if you have taken home loan and you full filling the condition for 80EE
then also you can claim interest from 2 options as per the limit of the act.
If so, can i build a 960 sq ft ground floor and claim 80EEA, Then rebuild and claim 80EE +principal under 80c and interest u/s 24?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details