The deduction can be availed in case your property could have been obtained with a home loan into or shortly after 1st April 1999, and acquisition of the home might have been accomplished contained in this four several years of bringing the mortgage.

Deduction having desire paid back in structure period The fresh deduction for appeal reduced into the period before buy will be availed after the acquisition of the property. The interest number should be stated within the equal instalments over five many years. Read more