Is it possible to avail income tax rebate on previous year’s unclaimed home loan interest?



As per income tax guidelines, interest accrued on a home loan is permissible for deduction whether paid or not. I have a house building allowance in which I repay only the principal amount. I would like to claim rebate on previous year’s accrued interest.

Is it possible to avail income tax rebate on previous year’s unclaimed home loan interest?
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