Sec 80ee of income tax act
sajjan ropiya (tranee) (60 Points)
24 June 2017sajjan ropiya (tranee) (60 Points)
24 June 2017
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 24 June 2017
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 24 June 2017
sajjan ropiya
(tranee)
(60 Points)
Replied 24 June 2017
I want to claim it, in the 1st year of loan(2016-17), and construction is yet to be completed(probably in 2017-18). Later on i want to claim deduction in both sec 24(b) & 80ee in year 2017-18. Currently i just to claim sec 80ee deduction for f.y.2016-17
So my concern is that can i claim deduction u/s 80ee in f.y.2016-17 itself before completion of construction or i have to wait for construction completion & should claim the same in 5 installment as we do in case of 24(b) pre-construction period interest.