Poonawalla fincorps
Poonawalla fincorps

Housing loan

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(Querist)
05 February 2014 husband and wife' s (joint name) housing loan taken so both can claim the tax benefit? if yes pls let me know the percentage.
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CA Ankit Parekh

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CA Ankit Parekh (Expert)
05 February 2014 Yes, both can claim. Generally the percentage sharing should be based on property ownership ratio. This would ensure sufficient documentation as maybe reqd by IT deptt at a later point of time.

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