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Deduction of interest on laon taken from wife

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(Querist)
26 February 2010 While purchasing the flat i had taken a laon of Rs. 2 lakh from my wife. The house property is a rented property. Can i claim the deuction of interest paid to wife in my income tax return.
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
27 February 2010 Yes you can claim the deduction.
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
02 March 2010 yes u can
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