House loan interest deduction

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ouse loan interest deduction<br> Query (Issue) Started By: - madhavvan Dated:- 5-6-2009 Last Reply Date:- 7-6-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>housing loan interest deduction before pos....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....session of property how to be claimed can it be carried forward for any number of years since after possession if the limit of rs. 150000 is exhausted say for 3 years can this pre emi interest be allo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....wable as deduction after the expiry of 3 rd year upto the 8th year Reply By Ravi Chopra: The Reply: No, you can not deferr the interest for the period prior to acqusition to claim benefit after 3 yea....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rs. First installment (out to equal 5 installments) is to be claimed in the year of acquisition or possession of the house property itself. Remaining four installment shall be claimed immediately four....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... succeeding years.<br> Discussion Forum - Knowledge Sharing ....