19 November 2011
if home loan taken with joint name of husband & wife than 1)what is the treatment when both having taxable income. total repayment of loan amount is 120000 p.a. 2)what is the treatment when only one person having taxable income. total repayment of loan amount is 120000 p.a.
23 November 2011
thank you sir for reply if the house is registered in the name of only wife but the loan is taken in joint name i.e. husband and wife and the total loan installment is paid by only husband. can husband get deduction. wife has no taxable income. plz suggest the ans.
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