HI,

I have a doubt on claiming home loan interest. Here is one of the situation to explain:

House has been constructed and got the possession in July 2013. This House is on rent from the same month till date. Now can claimant claim any amount (which is total interest paid by him on home loan) and show the rent as his source of income from July’13 to March’14 Or the interest amount which can be claimed will be calculated pro-rata basis from July to march?

Thanks, Yogesh