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Example:- Loan Taken on 01-05-2006 of ₹ 5,00,000. Construction ends on 07-09-2012. Rate of interest is 1%. Calculate interest for pre-acquisition period?

Dated:- 17-8-2015 - Chapter No. 04 - House Property - Deductions - (Sec. 24) Pre-Construction/Acquisition Period = 01-05 .....

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n Interest Deduction for Financial Year 2012-13 to 2016-17 = 71,000 (3,55,000/5 ) Interest from 01-04-2012 to 31-03-2013 .....

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