Tax rebate for Bank Interest and Charges paid against DDA Housing scheme 2010!

For DDA Housing scheme 2010 we have paid 4860 (Bank Interest=4125 and Charges=735) on Rs. 1, 50,000 Earnest Money Finance. Do we get tax rebate against the same?

Regards

Ajay Sharma

asked Mar 17 '11 at 01:05 by Ajay Moudgill 1111


No rebate will be available for the same. Housing loan interest and principal exemption is available when house is self-owned and possession is received.

answered Mar 17 '11 at 15:54 by pankaj 5.0k317

link

Know someone who can answer? Share a link to this question via email, twitter , or facebook
.

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text](http://url.com/ "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported

Tags:

×14
×3
×1
×1

Asked: Mar 17 '11 at 01:05

Seen: 792 times

Last updated: Mar 17 '11 at 15:54