Professional
24 Points
Posted on 30 July 2017
Dear Sir/Madam,
My name is Ajay Kumar (30 yrs) residing in Delhi and I am a salaried
person. I had taken personal loan of Rs 7 lacs during financial year
2016-17 to re-construct our house. We have receipts of purchasing
construction material and other miscellaneous items which can prove
that the loan was utilized in the construction of our house only.The
GPA of our house is on my father's name. I would like to know, can i
claim tax exemption either for interest or principal amount in my
ITR.
Kindly let us know if you need some more information which i missed
out to mention here.