Interest on home loan

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 August 2012 Hi,
Please tell me wheather interest on loan taken for constuction of hoause property can be claimed by the daughter even though the house property is in the name of mother and the loan has been taken in the joint name of mother and daughter.

04 August 2012 It will be decided by the ownership percentage. In case nothing is mentioned in the documents, claim the interest only in proportion to the amount paid by the respective co-owner.
.

04 August 2012 Agreed with the reply




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries