I have taken a home loan of INR 35,00,000 for which Bank has disbursed 30,00,000 on Dec 8th 2011 to Builder and rest of money will be given to builder on Jan 10th 2012 at the time of registration. I have given the starting date for EMI is Feb 5th 2012.
Could you please advice me how can get income tax exemption on principal and Interest which will be paid in Feb and March 2012.
Thanks,
Deepak