POSTED BY December 1, 2013 10:54 pm COMMENTS (2)ON
I have taken a housing loan for second property (to be let out). The loan was taken in Sep 2010. However the possession of the house will be only in Apr 2014. That being 4 financial years, will i be allowed to claim exemption on interest payments or does the exemption work only if the possession is given within 3 financial years.