Related to house property
This query is : Resolved
08 July 2014
Dear Sir/Madam,
I have invested in House property in my mother's name and she is dependent.
If loan is Re-Paid by me, Than Shall I get deduction of Interest u/s 24 in my Income tax return or not?
Thanks in advance
I have invested in House property in my mother's name and she is dependent.
If loan is Re-Paid by me, Than Shall I get deduction of Interest u/s 24 in my Income tax return or not?
Thanks in advance
08 July 2014
No,you can not get deduction
08 July 2014
no you cannot take the deduction u/s 24(b)
11 July 2014
for availing deduction u/s 24 (b) u need to take loan in ur name, hence here its not allowed.
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