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Tax Exemption in case of Delayed possession of house ?

Hi,

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.

 

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