Housing loan interest and sale of SOP

Suraj (819 Points)

31 July 2021  

Hello there,

I have following query.

Mr A had a self occupied property and housing loan thereon. In December 2020, he sold this property and paid off the loan.

1) Can Mr A claim housing loan interest & principal till the date of sale of house i.e. December 2020, in his ITR of AY 2021-22?

2) If answer to Q1 is yes, then we would show this house as SOP and claim interest on housing loan till December 2020... right??

Kindly reply.

Thanks & Regards,

Suraj