dear friends,
Can i claim preconstructino period home loan if not claimed in privious 2 year . (loan year 2013, possession year 2014) deduction U/s 24 ..
1/5 of the intrest only claim or total 3 year. can i claimed as deduction.
can i claim HRA and loan deduction both if house is in deffrent city self ocupaid.
You can claim only 20% of it this year, but can revise your earlier returns for the missed claims.
Yes, both HRA and interest deduction on HP can be claimed simultaneously.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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