Prem EMI on Home Loan -IT
This query is : Resolved
28 August 2016
I have taken home loan in this FY from DHFL and pre EMI are started, can I take a benefit of these EMI while filling Income Tax return. property is under construction. pls guide.
28 August 2016
Dear Kishore,
Is it you have recieved the possession??
Kindly elaborate your query so that we would be able to help you
Is it you have recieved the possession??
Kindly elaborate your query so that we would be able to help you
Message likes :
1 times
28 August 2016
once the construction is complete, then you can avail the PRE emi interest in 5 equal installments, starting from the year of completion.
Message likes :
2 times
28 August 2016
Dear Anurag,
I will get possession in 2019..
Message likes :
1 times
28 August 2016
Dear Kishore,
Without possession u would not be able to get any deduction.
Hope your query is resolved
Message likes :
1 times
28 August 2016
thanks to both of you Mr. Amol and Mr. Anurag.
Message likes :
1 times
28 August 2016
Dear Kishore,
You are always welcome
Kindly like if my response has helped you
Message likes :
2 times
29 August 2016
You are most welcome.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Tds on building rent monthly
- Sale of property furniture sale
- Applicability of Tax audit u/s 44AB of income tax act, 1961
- Question about eligibility for tax rebate u/s 87A
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- IGST Credit-Show cause notice issued-confusion
Trending Online Classes
CAclubindia
