Deduction of Home Loan d Interest in period in Under construction or Pre ,-construction
Chandrakant Parmar (34 Points)
10 March 2022Chandrakant Parmar (34 Points)
10 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 10 March 2022
CA Naveen Chand
(Chartered Accountant)
(12739 Points)
Replied 11 March 2022
1. Interest paid for the House Property construction can be claimed u/s 24.
and pre- construction interest ALSO can be claimed in 5 equal instalments.
2. "Principal amount" of Loan taken for House Property can be claimed u/s 80C
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 13 March 2022