Loan and tax rebate

159 views
User Avatar

37 Points Posted on 24 January 2018

 

Hello

Can I get any tax benefit on home loan (either on interest or on principal) if the home loan has been repaid to bank?
If it has been repaid before five years post home completion, can I continue to claim pre construction interest benefit until five years?

Thanks

0 Reply Share Follow
On 24 January 2018 at 13:27 Report
Replies (1)
User Avatar

24 Points Posted on 24 January 2018
yes you can for ex-you have taken house loan of rs.200000 and repaid earlier from home completion the pre completion interest benefit you will get as deduction first five year of home completion.i think it will be helpful for you
Reply
On 24 January 2018 at 14:56

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Transport agency accounting entry in purchase &amp
  2. REGARDING HSN CODE FOR WASHING JOB CHARGES
  3. Advance Tax Due Date 2026
  4. Query – Interest on Capital Received by Part
  5. Query - Section 164(2)(a) – Interpretation o
  6. Submission for Expert Opinion on Rectification of
  7. NRI since March 2023 – resident savings acco
  8. My All-Time Top 15 Indian Web Series
  9. Wrong date of invoice
  10. Paper 6 - IBS

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details