Tax deduction on Home Loan interest paid

Hello @Vaibhav_Gupta,

The interest for pre-construction period can be claimed in in five equal annual instalments, starting from the financial year following the year in which you receive possession of the property under section 24(b).

So, once you get possession in Feb 2025, you can start claiming one-fifth of the total pre-construction interest from FY 2025-26 onwards

Hope this helps!