https://www.taxtmi.com/forum/issue?id=105942 Interest deduction rules vary by property occupancy: the self-occupied property cap limits deductible interest for a primary residence, whereas interest on a let-out property is fully deductible without that cap. Pre-construction interest must be capitalised and is allowable in equal instalments over five years after completion; when the property is let out those apportioned pre-construction amounts are not subject to the self-occupied ceiling. en-us Mon, 29 Jul 2013 19:28:45 +0530 Thu, 23 Jan 2025 15:57:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=105942 Interest deduction rules vary by property occupancy: the self-occupied property cap limits deductible interest for a primary residence, whereas interest on a let-out property is fully deductible without that cap. Pre-construction interest must be capitalised and is allowable in equal instalments over five years after completion; when the property is let out those apportioned pre-construction amounts are not subject to the self-occupied ceiling. Discussion-Forum Income Tax Mon, 29 Jul 2013 19:28:45 +0530 https://www.taxtmi.com/forum/issue?id=105942