I got possession of second property in FY 2013-14 . Now I am filing ITR-2. How to indicate pre construction period interest loss to claim in future.
Thanks
2 Replies
pavan kumar
(CA Final , CMA Final)
(202 Points)
Replied 07 July 2014
In none of the ITRs there is any provision for showing pre-construction period interest separately. It should be shown in : "interest payable on borrowed capital"
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 07 July 2014
you can claim pre construction period intt as deduction under sec 24 only.
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