Section 24b
This query is : Resolved
06 July 2015
If assessee has taken pre construction loan & he wants to claim its interest in next 5 previous years but in actuality he has got 2 year late possession after construction due to builder's mistake..so can he claim that interest?
06 July 2015
Yes he can claim deduction
06 July 2015
How? I wanna answer with reference to section or any case study...can you provide it?
06 July 2015
How? on what basis you are saying yes? any section reference or any case study?
06 July 2015
What section says after completion of construction end of that financial year in which such construction complete from that date only he is eligible to take deduction. Minor or partial amount of pending not taken into consideration.
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