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preconsturction period interest on house property
sir, i want to know about the provisions regarding preconstruction period interest on house property.both in the case of self occupied and let out
Replies (1)
Preconstruction period means the period ending 31st March preceeding the date of construction.
Preconstrcution period interest is eligible for dedcution in five equal installments including the year in which the constrcution is completed.
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