I availed a home loan in April 17. The repayment started in May 17 though a minimal amount is still available in the loan account.
The construction of flat will be completed only in May 18.
Pl. clarify whether I can get deduction of principal portion of EMI being paid from May 17 to Mar 18 u/s 80 C and claim 1/5 th of preconstruction interest u/s 24.
Income from house property
Subbiah Mathurappan (139 Points)
21 February 2018