Interest of house property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 September 2011
Whether assessee claim deduction u/s 24 if he is not the owner of property because the property is registered in the name of father & he is applicant/co-applicant of loan for house construction.
Whether he can claim deduction or not. Reply soon.
Whether he can claim deduction or not. Reply soon.
08 September 2011
For claiming interest under section 24, the assessee should be owner of the property as well as loan in his/her name
08 September 2011
As per section 22 from the house property the assess can claim deduction in these head if he is the owner of the property.
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