tax saving on home loan interest after full payment

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  1. Dear Sir
    I got possession last month & payed full loan with pf.During the last 4 years I have paid 6 lac as interest. Next year onwards there will be no interest. Can I still get tax benefit on this 6 lac equally distributed in 5 years , each year 1.2 lac.I will show this flat as non self occupied & basically this tax saving will cover rent benefit
    Regards
     
  2. Manoj Mehra

    Manoj Mehra Active Member

    Yes, you can still claim Deduction under Section 24 for the pre-construction interest.
     
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