HOUSING LOAN PRE EMI INTEREST

mayuri (Tax Consultant) (249 Points)

02 July 2023  

Hello everyone,

One of the client has paid 4 months Pre Emi Interest for the last FY  2022-23 (Asst year:  2023-24), and he got Occupancy Letter in the month of March.

As per bank certificate:

PRINCIPAL COMPONENT Rs. 8,441.00


INTEREST COMPONENT Rs. 49,833.00


PRE-EMI INTEREST Rs. 1,23,989.00

 

While filing return, which interest amount to be considered?