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Interest on HL

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(Querist)
30 May 2009 Hi All,

I have a small query under Income Tax Act in respect of Interest on Housing Loan of Self Occupied Property...

If the loan is taken in Joint names of husband and wife, whether the interest on HL can be claimed upto Rs. 1.5 lakhs each.

Thanks in advance,

Regards,
Vinod Kumar D
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Jiwan singh

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Jiwan singh (Expert)
30 May 2009 only claim upto 1.50 lacs
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
30 May 2009 It is 1.50 lacs each.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
30 May 2009 only 1.5 lacs can be claimed

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