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Interest on housing loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 May 2012 Housing Loan and House property is in name of father. Can son get income tax deduction for the interest on housing loan U/s 80C if son makes payment for the Housing Loan Installment.
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Mihir Doshi

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Mihir Doshi (Expert)
04 May 2012 No such deduction will be allowed to Son.

Only the registered House owner can take the benefit of such loan deduction on his own name.
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Querist : Anonymous

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Querist : Anonymous (Querist)
04 May 2012 If Sons makes payment on behalf of father then also he is not allowed to take deduction as per income tax???????
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