24 July 2013
The land is in the name of the wife. But the house on the above land was constructed by the husband. He has taken a housing loan for the same. Can he claim deduction for interest on self occupied property and housing loan principal repayment under section 80C for the same.
24 July 2013
according to me as the housing loan is taken by husband and repayment of same is done by him... deduction of interest can be claimed u/s 80c...