We (Myself and wife) have jointly brought a land for the purpose of constructing a house. We have availed a composite ( Land + Construction) loan. The construction of the house is yet to begin. I have started paying EMI from Nov 2007. Now will we be able to claim tax rebate under "Interest from housing loan and principle paid". The house might take another 10-12 months to complete. Will we be able to claim tax benefit for the current year 2007-08 (without the house being completed). If we cannot claim it during the current year, then when can we claim the same.