14 January 2017
Respected Experts,
can you clarify when housing loan principal 80 c and u/s 24 interest benefit claimed I.e. which FY it start.
at the time of agreement and registered date on ebtr and registered with stamps duty department or any possession letter specify any or occupancy certificate get.Please clarify exact date on which previous year I claim housing loan as he already paid some emi.
Please kindly let me know asap.
15 January 2017
Dear Abhijit,
For claiming deduction u/s 24(b) of interest paid on housing loan, you can claim it after completion certificate.
the deduction of housing loan principal repayment can be claimed from the date of repayment. there no such limit is prescribed.