Claiming tax exemption on home loan for buying a plot.

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..... I have taken a home loan to purchase a open plot.I have not yet started construction of the house on this. Can I claim tax exemption for the principal and interest amount I am paying to re-pay the loa .....

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..... n. - Reply By murthy karumuri - The Reply = The interest on Home Loan paid to the bank before the construction completed should be aggregated and shall be claimed the said amount in 5 instalments fo .....

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..... r five successive years from the year of completion of the construction. see the below link http://www.charteredclub.com/tax-benefit-on-home-loan/ - Claiming tax exemption on home loan for buying a .....

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..... plot. - Query Started By: - Gangadhar Bodla Dated:- 3-4-2015 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management .....

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..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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