Interest on House Property
This query is : Resolved
24 March 2009
Property and Home Loan in Name of Wife and Whife does not have any income. Installment paid by Husband. Can Husband claim benifit of Interest under income from house property and Installment in 80C.
25 March 2009
Yes u/s 80C for principal repaymant
and u/s 24(b) for interest on borrowed capital
subject to other conditions of respective sections
regards..................
and u/s 24(b) for interest on borrowed capital
subject to other conditions of respective sections
regards..................
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