I had purchased flat under construction in 2018. I have been given possession of flat on 15 Jan, 2020 by the builder. For purchase of flat i took loan from HDFC and following interest certificates are issued
FY 2018-19 Pre EMI Interest Rs 183163
Fy 2019-20 Principal 21940.00
Interest 58254.00 Pre EMI Interest Rs 297003.00 Total Interest 355257.00
I have taken possession on 15 Jan, 2020, and I started my EMI after taking possession.
what interest rebate i am allowed for loan taken for house in the current year.
I need to clarify as there is difference is opinion of me and my employer.