Interest on borrowed capital

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 February 2012 Can interest on borrowed capital & principal repayment on housing loan be claimed even if the possession of the property under loan has not been obtained?

CA Sumat Singhal

CA Sumat Singhal (Expert)
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18 February 2012 NO SUCH REQUIREMENT

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