Poonawalla fincorp
Poonawalla fincorp

House loan intt. of prior period u/s 24(b)

This query is : Resolved 
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(Querist)
22 September 2014 property in joint name and husband paying the loan installment during the construction period . before completion the house loan tfr in name of wife and wife pay full amount of loan and intt.

can wife claim the prior period intt deduction u/s 24(b) (during construction period loan and intt paid by husband).
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
22 September 2014 the amount paid by the husband cannot be claimed by the wife in any case..
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Rupesh Jain

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Rupesh Jain (Querist)
22 September 2014 can husband can claim the intt amount of pre completion period interest.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
22 September 2014 Yes very much he can claim...
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
24 September 2014 the person who is paying so will be entitled for the same.

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