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Related to house property

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(Querist)
08 July 2014 Dear Sir/Madam,

I have invested in House property in my mother's name and she is dependent.

If loan is Re-Paid by me, Than Shall I get deduction of Interest u/s 24 in my Income tax return or not?

Thanks in advance
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Deepti Asawa

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Deepti Asawa (Expert)
08 July 2014 No,you can not get deduction
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Rupesh Jain

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Rupesh Jain (Expert)
08 July 2014 no you cannot take the deduction u/s 24(b)
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 July 2014 for availing deduction u/s 24 (b) u need to take loan in ur name, hence here its not allowed.

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