07 July 2017
I had paid Pre-emi for my home loan for Rs 1.7 laks and Rs 2.5 laks in financial year 2011-12 and FY 2012-13 respectively. I have not deducted the expenses during subsequent years, as im not aware, Can someone guide me if I can deduct the same under "income from house property" or 80EE. This is a let out property.
07 July 2017
80EE is applicable if the loan is sanctioned after 01/04/2016....So? it is NOT applicable in your case......because your loan seems to have been sanctioned before 01/04/2016
Querist :
Anonymous
Querist :
Anonymous
(Querist)
07 July 2017
If not 80EE, what about income from.house property ?
07 July 2017
pre emi interest can be claimed once the house is ready...in 5 years
Querist :
Anonymous
Querist :
Anonymous
(Querist)
07 July 2017
My house was handover in 2013, for pervious two years i paid pre Emi. I was not aware about carry forwarding the pre emi expenses. If i dont do it, from next year i have cap of 2 laks on interest paid on home loan. Kindly advise if i can deduct all pre emi in this filing itself