Home Loan Claim by husband

This query is : Resolved 

26 March 2009 Dear Freinds,

Can a person claim the home loan instalment paid by his wife.


26 March 2009 YES he can only if-
1) The loan is in the name of both (husband & Wife);
2) The husband and wife are shown as Co-owners of the said property and
3) The income of wife is clubbed with that of Husband


26 March 2009 No,

26 March 2009 Principal component - No.
Interest component - Yes.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries