I have bought a second house property for which I got possession recently. However, I have paid EMIs during the FY 2011 to 2013 and thereafter cleared my house loan in total. Hence I want to bring forward the interest amount paid by me in FY 2011-12 and 2012-13 and claim tax reflief on that. Kindly advise where to fill in that loss in the ITR 2. I filled it in the CFL section under C/F losses for the AY 2012-13 and 2013-14 respectively, however, it is not getting set off as loss in the ITR. Kindly advise at the earliest.
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Query about brought fwd losses in house proerty
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You can take pre construction Interest under section 24(b) in 5 equal installments from the financial year in which you got the possession.
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