https://www.taxtmi.com/acts?id=11729 Deduction of interest on loans for acquisition, construction, repair or renovation of a house property is allowed to an individual or Hindu undivided family where the property is owned and not let out, construction or acquisition is completed within three years from the end of the financial year in which the loan was taken, and a certificate is obtained from the lending financial institution; pre-construction interest is deductible in five equal instalments beginning in the year of acquisition or construction and reduced by any part already deducted elsewhere, subject to a monetary ceiling. en-us Thu, 16 Sep 2010 18:57:32 +0530 Fri, 17 Sep 2010 13:34:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11729 Deduction of interest on loans for acquisition, construction, repair or renovation of a house property is allowed to an individual or Hindu undivided family where the property is owned and not let out, construction or acquisition is completed within three years from the end of the financial year in which the loan was taken, and a certificate is obtained from the lending financial institution; pre-construction interest is deductible in five equal instalments beginning in the year of acquisition or construction and reduced by any part already deducted elsewhere, subject to a monetary ceiling. Act-Rules Bills Thu, 16 Sep 2010 18:57:32 +0530 https://www.taxtmi.com/acts?id=11729