Income Tax benefits for home loan in March ?

POSTED BY Santosh Sabale ON February 19, 2015 4:31 pm COMMENTS (2)

Purchased new ready-to-move flat in Feb 2015. Full bank home loan disbursal over in this month. First preEMI will be paid in March2015 and next EMI (Full) will be paid in April 2015. May I get income tax benefit in FY 2014-15 itself, on the interest part in preEMI and interest accured till 31 March 2015? If not how and when I will get its benefit?