5 replies on this article “Can I file refund of interest paid on housing loan ?”

1. ashalanshu says:

   April 8, 2014 at 7:25 am

   Dear Nitin, please read my reply again. I said if you declare notional rent, you can claim full interest paid in FY 2013-2014. In case you want to understand in detail, please post a personal mail to me.

   Thanks

   Ashal

   Reply
2. Nitin Verma says:

   April 7, 2014 at 5:54 pm

   Thanks a lot..
   Sorry but could not understand how to claim full 2.5 lacs interest claim for tax benefit. I thought i can claim only 1.5 lacs and that too over a period of 5 yrs.
   Kindly suggest.

   Reply
3. ashalanshu says:

   April 7, 2014 at 3:09 pm

   Dear Nitin, as the house in question is not occupied by you and you are still paying rent for your personal accommodation, you can still claim HRA benefit also. If you declare notional rent from this property, full 2.5L Rs. interest can be claimed.

   Thanks

   Ashal

   Reply
4. Nitin Verma says:

   April 7, 2014 at 12:36 pm

   Thanks Ashal for the response.
   Total interest paid in FY 13-14 is 2.5 lacs.
   Houe at present is not occupied (by self or rented) as is presently vacant. Does it have tax impliction ? I am not claiming HRA exemption as of now.

   Reply
5. ashalanshu says:

   April 4, 2014 at 11:13 am

   Dear Nitin, yes, you can claim during your ITR filing in May June 2014. How much interest you have paid? Is the house in question self occupied or on rent?

   Thanks

   Ashal

   Reply

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