Hello Expert,
Please let me know if we can claim housing loan interest benefit from 2 Properties but both are under construction.
Please let me know your remarks.
Regards
Nitish
Nitin (NA) (21 Points)
20 July 2023Hello Expert,
Please let me know if we can claim housing loan interest benefit from 2 Properties but both are under construction.
Please let me know your remarks.
Regards
Nitish
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(180974 Points)
Replied 20 July 2023
Yes, but only after their completion. The aggregate interest paid for each property will be allowed for deduction in 5 equal installments, separately.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961