Interest benefit - self occupied property

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....nterest benefit - self occupied property<br> Query (Issue) Started By: - Rahul Bagaria Dated:- 29-3-2009 Last Reply Date:- 1-4-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>Can I claim interest bene....

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....fit for self occupied property in 5 equal instalments post the possession of the house.This is possible for let out property but the Act is silent for self occupied property. Reply By Ravi Chopra: Th....

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....e Reply: Yes, you can claim the benefit of interest paid prior to possession related to that property, in five equal installments. There is no ceiling limit in case of rented property. But in case of ....

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....self occupied property the limit is Rs. 1.5 lakhs.<br> Discussion Forum - Knowledge Sharing ....