Interest and Principal Payment deduction during pre construction period on Flat purchase

When purchasing a flat, you can claim deductions for interest paid during the pre-construction period. This deduction is spread over five equal instalments under Section 24. However, you cannot claim a deduction for any principal amount paid during this pre-construction phase. Additionally, if you are not involved in a business, you won't be able to claim any benefits related to the GST paid on the flat purchase.