preconsturction period interest on house property

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48 Points Posted on 08 October 2007
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
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On 08 October 2007 at 23:12 Report
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481 Points Posted on 09 October 2007
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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On 09 October 2007 at 09:45

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