Poonawalla fincorps
Poonawalla fincorps

Residential property

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(Querist)
16 June 2018 I have taken a loan to construct house property on land which is on my father'name.both I Nd my father are co borrowers of the loan.i pay 100 % loan amount.can I claim income tax benefits for loan interest paid?
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
17 June 2018 To claim tax benefits, you needs to be the owner (or co-owner) of the property

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