TMI BlogWhat is pre-construction period?X X X X Extracts X X X X X X X X Extracts X X X X ..... n, repair, renewal or reconstruction of the property. Deduction on account of interest is classified in two forms, viz., interest pertaining to pre-construction period and interest pertaining to post-construction period. Post-construction period interest is the interest pertaining to the relevant year ( i.e., the year for which income is being computed). Pre-construction period is the ..... X X X X Extracts X X X X X X X X Extracts X X X X
|