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Home loan repayment

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(Querist)
01 August 2012 If a joint home loan is taken by Husband-Wife and the repayment is done by both (combined salary for 1 installment) are both of them entitled to claim deductions.

1. with respect to interest on home loan
2. with respect to installment u/s 80c
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Mohit Naithani

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Mohit Naithani (Expert)
01 August 2012 who is a real owner of house property???
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CMA Omkar.TIlve

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CMA Omkar.TIlve (Querist)
01 August 2012 What if the property is co-owned..for tax purpose who will be entitled for deduction
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Mohit Naithani

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Mohit Naithani (Expert)
01 August 2012 Deduction is allow to co-owners according to their ratio in property....

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