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Interest u/s 24B for Purchase of house property.

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(Querist)
14 July 2024 Dear Expert,
In this case the ownership of the house property is in the of the mother while Son is Taken house property loan and paying whole EMI by himself. So can he take the deduction of Loan interest & Principal u/s 24B & 80C respectively. Also bank issued loan certificate to him.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
14 July 2024 No. He has to be co-owner or owner of the property also.

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