Question ID :
39325
Interest on Housing Loan for under construction Property
A salaried Person has booked a Flat in Fin Year 2018-19 which is still under construction and posession is expected to be given after two years from now. He has taken housing loan, Partially availed according to requirement and EMI on that part has started in 2018-19 Fin Year . Should he claim interest after taking posession @ 20% per year then or there is any other way to claim interest deduction under House Property Loss in Fin Year 2018-19 itself
posted by
Mahesh Kumar
on
Aug 2 2019 12:00AM