Sec. 24 house property interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2012
Can interest on housing loan be claimed by each of Rs.1.5 lakhs ie husband and wife, if they are joint owners and earning income and repaying loan. urgent plz
07 March 2012
Yes each of the joint holder can claim Rs.1.5lacs housing loan interest under section 24(b).
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
Message likes :
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Guest
Guest
(Expert)
07 March 2012
Yes deduction can be claimed by both cc-owners to extent of Rs. 1.5 lakhs.
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