Questions on housing loan EMI
Hi,
I have 3 queries.
1. I had bought a house which is under construction and it is expected to be completed in February 2009. The Pre -EMI started in September 2008 and EMI starts from February 2009. Confirm whether I can claim the PRE EMI interest and also the EMI which I paid for the financial year.
2. The possession of the flat is only on March 2009. Confirm if am eligible to claim the HRA from April 2008 to February 2009.
3. Is it possible to claim the interest portion more than Rs.1,50,000 if the property is let out to my father and the rent is shown as Income.
:):):):)
Regards,
Mani.