TaxTMI 
TaxTMI 
Housing loan interest
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....ousing loan interest<br> Query (Issue) Started By: - Rajeev N Dated:- 6-1-2015 Last Reply Date:- 17-2-2016 Income Tax<br>Got 1 Reply<br>Income Tax<br>Hi all, Looking for some information on my tax s....
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....cenario. I bought an under construction property in July 2012. The construction is almost complete and I expect to get possession in February 2015(before March 31, 2015). So I believe for FY14-15, I....
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.... can claim tax benefits on the bank loan interest I have been paying since 2012, even though I will start living in my flat only by May 2015(interiors etc need to be completed) I am also claiming HR....
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....A benefits for the full year FY14-15(until March), since I am staying for rent in the same city. In this scenario, whats the best way to claim my interest benefits? If I claim it as "loss of ho....
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....use property let out", can I claim the entire interest amount and just add notional rental income for March 2015 to my total income? How will this combine with the HRA claim for the full year? Th....
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....anks in advance for your insights! Raj Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have got clarified in the above issue? You can claim interest on housing loan for the tax benefits.<b....
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