Housing loan and intt.

This query is : Resolved 

24 April 2013 DEAR SIR

INDIVIDUAL TAKE LOAN ON RESIDENTIAL HOUSE
ON PROPERTY IN HIS NAME WITH HIS WIFE.

INDIVIDUAL TAKE DEDUCTION AND REBATE U/S 80C .

NOW HOUSE LET OUT
CAN A INDIVIDAL CLIM 50% RENT IN HIS WIFE ITR

THANKS

RUPESH

24 April 2013 interest and rent can only be shared in proportion of ownership of two or more owners



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