Home loan interest

Dear Sir, I availed home loan for the purchase of flat under construction. Since the construction is not completed, I am residing in rented house. Can i claim both (Home loan interest & House Rent) to be deducted for tax computation.


asked Oct 09 '12 at 14:02 by sarat 11

Exemption for Home loan interest can only be taken from the year in which possession is received, not before that.

answered Oct 09 '12 at 14:48 by Pankaj Batra 5.2k320


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Asked: Oct 09 '12 at 14:02

Seen: 1,544 times

Last updated: Oct 09 '12 at 14:48