KEY TAKE­AWAYS

HT Estates - - HTESTATES -

De­duc­tion for pre-con­struc­tion pe­riod in­ter­est can be claimed for five years start­ing from the year in which con­struc­tion is com­pleted The loan amount should be utilised only for ac­qui­si­tion or con­struc­tion pur­poses. If used for any other pur­pose like re­pair, re­newal or re­con­struc­tion, de­duc­tion can­not be availed Max­i­mum an­nual de­duc­tion for self-oc­cu­pied prop­er­ties is ₹ 2 lakh, which in­cludes in­ter-

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.