Dear Pankaj,
I have a question for you. I booked a house in 2008 and got possession in 2011. In the three years, I paid around 5 lacs of interest to bank in the years 2008-2009, 2009-2010, 2010-2011 and 2011-2012 as I had taken 12 lacs of loan. Now i got possession of the house in 2011, Dec. If I sell the house in Feb 2012, can I claim this interest paid to bank in 5 equal installments for the period in which I was holding the house.
