Possession of house delayed? You may lose 85% tax benefit – Economic Times

Possession of house delayed? You may lose 85% tax benefit – Economic Times
Possession of house delayed? You may lose 85% tax benefitEconomic TimesA tax deduction of Rs 2 lakh per year is allowed against payment of interest on home loans, if the house is acquired within three years of taking the loan. In case the possession happens after three years, the permissible deduction falls to just Rs 30 …and more »
Possession of house delayed? You may lose 85% tax benefit – Economic Times