can claim interest & principal on house loan on accrual basis
subbu appala (article trainee) (152 Points)
29 December 2018During F. Y 2017-18 Housing loan EMI not paid. Entire installments paid on F.Y 2018-19.
my question is
1. interest accrued on house loan during F. Y 2017-18 can i claim u/s 24(b) on due basis or not
2. what about principal on house loan. i. e. claim deduction under 80C on accrual /due basis or not
If not which F. Y can claim