Principle amount on homr loan

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514 Points Posted on 28 September 2020
can l carry forward pre construction principle amount too for the next 5 years?
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On 28 September 2020 at 16:18 Report
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This discussion clarifies that you cannot carry forward the principal amount of a home loan, even for pre-construction periods. It also addresses a common query regarding EMI claims, confirming that only EMIs actually paid can be claimed, not just those that are due.

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Tax and Business Consultant
11616 Points Posted on 28 September 2020
No, Carry forward of Principal Amount not allowed..
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On 28 September 2020 at 17:27
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514 Points Posted on 29 September 2020
Thank u sir and one more doubt can emi due be claimed or only actually paid ?
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On 29 September 2020 at 13:47

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