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Joint housing loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 December 2013 Is it compulsory to share interest on joint home loan taken for joint house property by two assessees? Whether 100% can be claimed by one assessee?
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@VaibhavJ

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@VaibhavJ (Expert)
27 December 2013 Hi

Yes 100% can be claimed if it is paid by any of joint holders.

It's who pays can claim it.

Thanks
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Querist : Anonymous

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Querist : Anonymous (Querist)
27 December 2013 Thank you...
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
27 December 2013 Agree, One can claim in full if co-owner agrees on that..
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Querist : Anonymous

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Querist : Anonymous (Querist)
27 December 2013 Any reference to Sections/case laws?
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@VaibhavJ

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@VaibhavJ (Expert)
27 December 2013 hi

s/24B.

Thanks

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