Income Tax rebate on interest on underconstruction property

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  1. SANDEEP SRIVASTAVA

    SANDEEP SRIVASTAVA New Member

    I had purchased a flat in Mumbai in November 2011 which was under construction. Subsequently due to delay in construction I have sold the property in March 2016. I have now purchased another property in April 2016 which is ready to move in. Please advise if I am eligible to claim income tax rebate on the interest I had paid on my earlier property during the period from 2011 to 2016.
     
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