banner_ad

Tax exemption on home loan interest if possesion is in the middle of a year

220 views 2 replies
Hi, I booked an apartment and took a loan in May 2015. I got the possession of the apartment on 6th January 2017. Registration will be on 14th March 2017. Few questions: 1. For income tax deduction on home loan interest, under section 24, can I claim exemption from the beginning of the financial year or from the date of possession or from the date of registration. 2. Under which section can I add pre-emi interest. Thanks,
Replies (2)

YOU SHOULD CLAIM FULL 

PRE EMI INTEREST U/S 24

If I claim for the full financial year would the "total pre-emi interest" be calculated till March 2016 ?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details