can i claim home loan arrear interest as exemprtion in income tax retun ?
1 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 03 July 2012
Interest on home loan is deductible on due basis and not on payment basis. You can revise your return for the respective A.Y. by showing the home loan interest & file it accordingly.
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