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Income tax

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25 May 2012 We (myself & wife) have taken joint loan and paying housing loan interest Of Rs.350000/- & principal amount of Rs. 250000/- we have joing loan account so can we both claim income tax benefit on interest rs.150000/- and principal of rs.100000/- sepratly ?



25 May 2012 Dear Praful

If u & ur wife are jount owner of the property than u both can claim benefit for the same.



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