Loss from house property
This query is : Resolved
24 April 2015
Dear Friends,
I have taken Flat in 2013 in Hyderabad with bank finance and paying EMI regularly, given for let out, but from Dec 2014 onwards the Flat is vacant till today. I am in Bangalore pvt service and staying in rental house. what is my tax status, shall I eligible / claim full interest amount on Housing Loan or not for FY 2014-15 and FY 2015-16 (if it is vacant for full current financial year)
Pl advice me
thanks
I have taken Flat in 2013 in Hyderabad with bank finance and paying EMI regularly, given for let out, but from Dec 2014 onwards the Flat is vacant till today. I am in Bangalore pvt service and staying in rental house. what is my tax status, shall I eligible / claim full interest amount on Housing Loan or not for FY 2014-15 and FY 2015-16 (if it is vacant for full current financial year)
Pl advice me
thanks
24 April 2015
You are eligible to claim interest on housing loan up to Rs 1.50 lac even if it remains(ed) vacant.
.
.
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