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How do I get a tax exemption on interest?- Property Hotline
Posted
November 10, 2016
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103
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November 10, 2016
103
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4:36Now PlayingExpert: Pannkaj Ghadiali, Tax Expert.
Question: In Noida there are a lot of projects which are delayed the builder are not giving possession letters. We are unable to register the property due to this. How do I get a tax exemption on interest?
Answer: You will have to wait for your possession. Get your OC in place. Get your possession letter from developer and then start claiming your deduction from pre-EMI. Also pay loan regularly and claim tax.
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