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Loss from house property and deduction limit of 30,000

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....oss from house property and deduction limit of 30,000<br> Query (Issue) Started By: - Milind Ambani Dated:- 18-3-2018 Last Reply Date:- 24-7-2018 Income Tax<br>Got 1 Reply<br>Income Tax<br>Hi All, I&....

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....#39;ve a query on home loan taken for under construction apartment. + Home loan for an under construction apartment + Loan sanctioned month-year : Sept-2014 + First disbursment month-year : Oct-2014....

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.... + Occupancy Certificate to the project by government : August-2017 + Apartment registration : Planning to do in FY 2018-2019 (i.e. after 1-April-208) I understand that there is a clause in Income Ta....

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....x where if under construction property is not completed within 3 years (from the end of the financial year in which loan was taken) then one can claim maximum INR 30,000 under &#39;Loss From House Pro....

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....perty&#39;. Just wanted to check this clause is applicable in my case too since apartment got OC from the government (so construction is completed in principle) but apartment will not be in my name w....

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....ithin three years from the end of the financial year in which home loan was taken. Any insights would be helpful Thanks, Milind Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: In my view it is appl....

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....icable.<br> Discussion Forum - Knowledge Sharing ....