25 July 2013
I have a query about claiming the pre-EMI interest. I have got possession of my home in August 2010. SO from that year(i.e. Assessment year 2011-12), I am claiming exception on home loan interest.
This is my second home so I am claiming the total interest minus the rent i.e. claiming more tha 1.50 lakhs.
Till now I have not claimed my pre-emi interest that I have paid during home construction period (Around Rs.80000 in 2008-09 and 180000 in 2009-10).
Can you please suggest how much can I claim in current assessment year. Also How to show that in ITR2 form? Should I add that in "CFL" sheet or in any other sheet. (I tried adding in CFL sheet but it is not reflecting during tax computation)
CAclubindia
