https://www.taxtmi.com/circulars?id=4764 Interest on house building advances to Central Government servants is deductible for income from house property on an accrual basis from the date of drawal; the annual accrual is calculated under rule 6 on balances outstanding on the last day of each month. Repayment under rule 8A(a) recovers principal first (up to 180 instalments) and then interest (up to 60 instalments). en-us Fri, 24 Jun 1983 00:00:00 +0530 Thu, 02 Dec 2010 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4764 Interest on house building advances to Central Government servants is deductible for income from house property on an accrual basis from the date of drawal; the annual accrual is calculated under rule 6 on balances outstanding on the last day of each month. Repayment under rule 8A(a) recovers principal first (up to 180 instalments) and then interest (up to 60 instalments). Circulars Income Tax Fri, 24 Jun 1983 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4764