Pre-construction interest claim

Hi,
I want to claim pre- construction interest. Property is having co-owner but I am only going to claim co-owner is not going to claim any income tax benifit. Can I use ITR1 for that?

Hi @upendra08,

Pre-construction interest is allowed as a deduction in 5 equal instalments starting from the year in which the construction of the property is completed. You can file ITR- 1 for the same.

Hi,

As per below link

Response from @Ridhima_Sharma if co-owner is present we need to file ITR-2 hence asking.

Can you please reconfirm which one is right?