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TMI BlogINCOME FROM HOUSE PROPERTYX X X X Extracts X X X X X X X X Extracts X X X X ..... INCOME FROM HOUSE PROPERTY X X X X Extracts X X X X X X X X Extracts X X X X ..... ng Temporary Permission to carry out furniture work in flat purchased subject to inter alia terms & conditions as below: That flat is ready for occupation but we (builder from whom flat purchased) is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... yet to receive occupation certificate From Municipal Corporation. Please advise whether upon receipt of such letter, the deduction towards interest paid on loan for purchase of this property can be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... claimed in determining the income from house property Reply By KASTURI SETHI: The Reply: This query has again appeared. Since it pertains to Income Tax Act, experts in this field are requested to th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... row light. I am not expert in Income Tax, as per my knowledge, you will be entitled to deductions towards interest paid on loan from the date of possession letter for future only and not retrospecti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vely. Looking forward to experts in Income Tax Act for enrichment of my knowledge. Reply By Ganeshan Kalyani: The Reply: in my view as a builder he can take deduction of interest paid on Loan take ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n for construction. X X X X Extracts X X X X X X X X Extracts X X X X
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