Interest on House Property

This query is : Resolved 

24 March 2009 Property and Home Loan in Name of Wife and Whife does not have any income. Installment paid by Husband. Can Husband claim benifit of Interest under income from house property and Installment in 80C.

25 March 2009 Yes u/s 80C for principal repaymant
and u/s 24(b) for interest on borrowed capital

subject to other conditions of respective sections


regards..................



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