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Interest on borrowed Capital

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(Querist)
06 August 2009 HOusing loan is taken by husband and wife in joint name but house is in the name of wife . loan is repayable by husband . who will claim exemption.
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chetan soni

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chetan soni (Expert)
06 August 2009 legal owner of the property can only claim the interest benefit.

In present case only wife can claim the interest amount.

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