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Deduction

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(Querist)
14 February 2015 hi experts my father has purchased home on their name. homeloan on my name and repayment of loan is goes through my account. who is liable to have deductions in itr.
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@VaibhavJ

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@VaibhavJ (Expert)
14 February 2015 Hi

You can not claim int. on HL as you are not the owner of Home & nor your father since he did not paid int. to bank.

Thanks!!
@VaibhavJ
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Rupesh Jain

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Rupesh Jain (Expert)
14 February 2015 you cannot claim the deduction due to house is not in your name.
for claim that loan and house in same name.
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