Hi All,
please let me know that pre-EMI Interent is exempt or not in housing loan?
Amod Ranjan (Service) (356 Points)
21 March 2013Hi All,
please let me know that pre-EMI Interent is exempt or not in housing loan?
Deepak Gupta
(CA Student)
(15922 Points)
Replied 21 March 2013
| Originally posted by : Amod Ranjan | ||
 |
Hi All, please let me know that pre-EMI Interent is exempt or not in housing loan? |
 |
Pre EMI Interest = Pre Construction Period Interest
.
1/5th deduction for 5 consecutive years starting from the previous year in which property is acquired or constructed.
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