Hi Manish,
Myself, Akila. We have come across so much of your articles in JagoInvestor.
would like to have your thoughts on the below –
Suppose we take a loan for our apt which is under construction and would take atleast 2 yrs to complete. We know that the pre-EMI which we are paying cannot be accounted for tax computation immediately.
We have come across somewhere in the website that the amount paid towards pre-EMI can be claimed for tax after we occupy the property and it can be claimed within 5 years.
I wanted to know your opinion whether this is still followed and i can claim my pre-EMI payments for tax after occupying my home.
Thanks,
Akila.