11. S started the construction of house on 1.6.2014 and took a loan of * 3,00,000 @ 15% per annum. .
He took another loan of 9,00,000 @18% per annum on 1.4.2017.
The construction was completed on 30.11.2017 and was self-occupied from 1.12.2017.
Compute his income from House Property for the Assessment Year 2018-19.
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Check out how interest is calculated taking EMI into ... for the home loan only from the year in which the construction ... In this case, Prakash can claim it from FY 2018 -19.
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