Pre-emi interest

542 views 1 replies

Hi All,

please let me know that pre-EMI Interent is exempt or not in housing loan?

Replies (1)
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.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register