# Employer asking for possession certificate for housing loan principal and interest when declaring tax declaration

**URL:** <https://community.greythr.com/t/employer-asking-for-possession-certificate-for-housing-loan-principal-and-interest-when-declaring-tax-declaration/4838>\
**Category:** Payroll\
**Created:** [April 28, 2022, 9:48am UTC](https://community.greythr.com/t/employer-asking-for-possession-certificate-for-housing-loan-principal-and-interest-when-declaring-tax-declaration/4838 "2022-04-28T09:48:33Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Anisha](https://avatars.discourse-cdn.com/v4/letter/a/8dc957/32.png) [@Anisha](https://community.greythr.com/u/Anisha)\
**Post date:** [April 28, 2022, 9:48am UTC](https://community.greythr.com/t/employer-asking-for-possession-certificate-for-housing-loan-principal-and-interest-when-declaring-tax-declaration/4838/1 "2022-04-28T09:48:33Z")

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Sir,

employer asking for possession certificate for housing loan principal and interest when declaring tax declaration. Is that correct process?

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**Author:** ![Natarajan](https://avatars.discourse-cdn.com/v4/letter/n/db5fbb/32.png) [@Natarajan](https://community.greythr.com/u/Natarajan)\
**Post date:** [April 28, 2022, 10:48am UTC](https://community.greythr.com/t/employer-asking-for-possession-certificate-for-housing-loan-principal-and-interest-when-declaring-tax-declaration/4838/2 "2022-04-28T10:48:47Z")

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Hi

Yes, until the possession certificate is issued by the builder, you can not claim the interest benefit.

Thanks and Regards

Natarajan S

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**Author:** ![amiths](https://avatars.discourse-cdn.com/v4/letter/a/2acd7d/32.png) [@amiths](https://community.greythr.com/u/amiths)\
**Post date:** [May 11, 2022, 11:57am UTC](https://community.greythr.com/t/employer-asking-for-possession-certificate-for-housing-loan-principal-and-interest-when-declaring-tax-declaration/4838/3 "2022-05-11T11:57:32Z")

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@Anisha

Yes, until you have a Possession certificate you cannot claim any exemption related to a Housing loan. However, EMI paid before the Possession it can be claimed as Pre-EMI proportionally in the next 5 years.