Hello everyone,
One of the client has paid 4 months Pre Emi Interest for the last FY 2022-23 (Asst year: 2023-24), and he got Occupancy Letter in the month of March.
As per bank certificate:
PRINCIPAL COMPONENT Rs. 8,441.00
INTEREST COMPONENT Rs. 49,833.00
PRE-EMI INTEREST Rs. 1,23,989.00
While filing return, which interest amount to be considered?
Both interest components will be considered.
He got occupancy in March, can't the entire interest can be claimed
| Originally posted by : mayuri | ||
 |
He got occupancy in March, can't the entire interest can be claimed |  |
Yes, Mayuri. Both interest allowed.
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