House property

224 views
User Avatar

PRACTICE IN INDUSTRY
36 Points Posted on 02 August 2019

Hello experts,

I have take home loan in 5th july 2015 for construction new house. But due to some reason I have started construction as on 7th August 2018 and I have paid Total interest for 2015 -16 , 2016-17, 2017-18 is 19640 Rupees can I claim this interests as deduction under section 24 ?

Please healp 

0 Reply Share Follow Topic
On 02 August 2019 at 20:15 Report
Replies (4)
User Avatar

5751 Points Posted on 02 August 2019
if construction completed within 5 years, claim 1/5th pre-construction period interest as deduction
1 Reply
On 02 August 2019 at 23:38
User Avatar

54 Points Posted on 03 August 2019
u can claim deduction of interest only after completion of construction over a period of 5 years in equal installments
1 Reply
On 03 August 2019 at 02:38
User Avatar

10683 Points Posted on 03 August 2019
even 2018-2019 interest eligible under 1/5th after construction
1 Reply
On 03 August 2019 at 12:23
User Avatar

PRACTICE IN INDUSTRY
36 Points Posted on 30 August 2019
Thanks all for help 😊
Reply
On 30 August 2019 at 11:14

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Late Fees and Interest
  2. HDFC Bank’s Bureaucracy: The Nightmare of Fl
  3. Running a CSC Center, Maha E-Seva Kendra, Setu Ken
  4. GSTR-9 Table 8A issue
  5. CA Inter Coaching institutes at Hyderabad
  6. Looking for practising CA
  7. TDS return filing
  8. Need formats of FS as per Co act 2013 in soft copy
  9. Remittance to italy
  10. Invoice made but goods not sent

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details