https://www.taxtmi.com/forum/issue?id=5323 Claiming deduction for housing loan interest hinges on treating the constructed house as the borrower's asset: where the borrower alone finances and constructs the house, shows it in his books and repays the loan, he may claim the interest deduction under Section 24, subject to statutory limits and conditions applicable to self-occupied property. en-us Sat, 16 Feb 2013 18:50:04 +0530 Thu, 23 Jan 2025 15:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5323 Claiming deduction for housing loan interest hinges on treating the constructed house as the borrower's asset: where the borrower alone finances and constructs the house, shows it in his books and repays the loan, he may claim the interest deduction under Section 24, subject to statutory limits and conditions applicable to self-occupied property. Discussion-Forum Income Tax Sat, 16 Feb 2013 18:50:04 +0530 https://www.taxtmi.com/forum/issue?id=5323