Need A Financial Product Forums Tax Savings Which document will aid me in getting tax benefit

This topic contains 1 reply, has 2 voices, and was last updated by  Pramod Jain 2 years, 7 months ago.

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  • #46849

    Pramod Jain
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    Loan for Rs. 27, 43,500 has been approved to me from SBI max gain and till date a total of Rs. 24, 76437 has been disbursed to me in two installments. I have deposited Rs. 4, 50,000 in OD account. The flat for which I have borrowed this loan is still under construction and therefore I haven’t received its possession. Which loan related document I need to submit to my employer so as to attain income tax benefit?

    #46850

    Since you haven’t received the possession of the flat, you will not be able to claim interest benefit on your home loan.

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