Interest on pre construction period
This query is : Resolved
05 October 2021
Hi all,
I have purchased a house property(flat) in 2015. I got possession of the house in 2021. Can I claim interest paid on pre construction period in my ITR for FY 21-22 as an interest on loan of pre construction period?
Thanks in advance.
I have purchased a house property(flat) in 2015. I got possession of the house in 2021. Can I claim interest paid on pre construction period in my ITR for FY 21-22 as an interest on loan of pre construction period?
Thanks in advance.
05 October 2021
yes you can claim in 5 equal installment subject to maximum The loss from house property that can be set off against other heads of income has been restricted to Rs 2,00,000
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