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Deduction of interest on house property

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 February 2013 property own by wife.however repayment for home loan done though joint a/c.loan approval after filling return of husband & wife. so interest on home loan allowed both in proportion of income or only to wife(owner of land).
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CA Suraj Lakhotia

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CA Suraj Lakhotia (Expert)
12 February 2013 Deduction of interest would be allowed to the owner of property.

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