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Building home

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(Querist)
08 October 2012 if Mr.A construst a home in the name of his wife but all the expenditure are made by Mr. A.
Can he claim the deduction under income tax act.??
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
08 October 2012 No Mr. A cannot. Show it as a loan from Mr. A to Mrs. A.
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aman

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aman (Querist)
10 October 2012 you mean first Mr. A has to give loan to his wife and then Mrs. A expend his loan as expinditure for the purpose of loan...???
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