Second home loan

C.MANORANJAN (AGM) (25 Points)

22 January 2014  

I have taken a second home loan for construction of house at my native place.

The construction will be completed in Feb 2014 and house will be let out Mar 2014.

I have paid Pre EMI amount from Oct 13 to jan 2014 and my EMI starts from FEB 2014.

I am a salaried employee working in chennai . Can I claim the Pre EMI interest and EMI interest of FEB

and Mar 14 for Tax planning for the year APR 2013 -Mar 2014.