I have a query. One of my client took a housing loan in P.Y. 2013-14 for acquisition of House Property.His mother is a co-applicant in the loan. For saving stamp duty charges he got the property registered in his mothers name. So my question is whether he can claim deduction U/S 24 for interest and U/S 80C for Principal repayment even though he is not a registered owner of the property ? Please help. Thanks in advance
CAclubindia
