Pre_emi interest on home loan
This query is : Resolved
11 April 2016
How to take the benefit under income tax for pre-emi interest of home loan? is it can be taken within 5 consecutive years with equated amount?
11 April 2016
Pre construction interest can be claimed u/s 24b under deduction Pre construction interest 5 equated Installment from the year of completion.
11 April 2016
Yes, and it is addition to regular installment after completion of HP.
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