Emi paid to bank for under construction house should be considered for Income tax rebate.
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There are years and years of delay in construction of flat by builder i.e. Supertech or Amrapali etc many place construction are already stopped. But Bank are still taking Emi from people who already cheated by builder, bank ( because they didn't access the project before approving them).
And now people end us paying rent, Emi, burden of court case.
- Govt is equally responsible for it since their authority like Noida authority didn't access builder project properly approved it blindly. So government should share lost by considering tax rebate for interest part paid by flat owner to the bank for the flat which is delayed for possession as per builder's buyer agreement.
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