3 years allowed for Construction considered from which date?

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  1. aashutoshsingh

    aashutoshsingh New Member


    I know that we can get IT benefit on home loan interest upto 2 lakhs rupees but there is a clause that construction should be completed within 36 month after taking the loan. What I want to know is from which time 36 months are counted, as in my case I took the first disbursement in september 2010 but till now full disbursement is not done and hopefully it will be done sometime next year.
    1. So 36 months is from first disbursement or after final disbursement ?
    2. 2 lakhs to 30,000 is only for first year or for every subsequent years ?

  2. tripathiak

    tripathiak New Member

    My question is also same... Plz anyone reply....
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