About housing loan interest
This query is : Resolved
29 September 2015
Sir,
An employee purchased a house property on his parent name, and got a housing loan from a bank on his name, now whether the employee gets interest on housing as exemption under sec 24 and repayment of principle under sec 80c
An employee purchased a house property on his parent name, and got a housing loan from a bank on his name, now whether the employee gets interest on housing as exemption under sec 24 and repayment of principle under sec 80c
29 September 2015
if the loan is "Housing Loan", then 80C benefits are available.
30 September 2015
Hi,
If that employee is a co-applicant, then he can avail the benefit of exemption and deduction.
If that employee is a co-applicant, then he can avail the benefit of exemption and deduction.
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