Tax rebate under sec 80C & section 24, Income Tax

[Rajesh Patil]

Dear All,

My friend has total three properties. Details are as follows

Property Particular

1. No Loan (Self Occupied)
2. Housing Loan (On Rent)
3. Housing Loan (Under Construction)

The questions is can he get tax rebate under sec 80C & section 24 of both the loan

Regards,

Rajesh Patil

Posts / Replies

[Ganeshan Kalyani]

Presently you will be able to get deduction under both the section for second one. But for third one the deduction is eligible only after possession of the said property. Thanks.