Taken a home loan for an under-construction property? Budget 2026 clarifies tax treatment of pre-construction interest

Ahmedabad-based Kushal Sharma took a ₹50 lakh home loan for an under-construction, self-occupied property and paid ₹1.5 lakh in interest before taking possession. Budget 2026 has clarified that such prior-period (pre-construction) interest can be claimed in five equal instalments after the completion of construction. However, the total annual deduction for home-loan interest on a self-occupied […]