REAL ESTATE FUNDA
Monday, 4 August 2014
Home not delivered in 3 years after loan? You will now lose out on tax breaks
I-T Act says if house is not delivered to buyer "within 3yrs years after loan", exemption on interest amount will only be Rs 30k & not Rs 2 lakh.
from Real Estate-Markets-The Economic Times http://ift.tt/UXTNpy
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I-T Act says if house is not delivered to buyer "within 3yrs years after loan", exemption on interest amount will only be Rs 30k & not Rs 2 lakh.
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