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Tax deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 December 2010 I have taken a loan for the house rennovation which is in my mothers name. The loan has been taken jointly by my mother and me. My mother is a dependent of mine in company records and will I get a tax excemption on this scenario.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
31 December 2010 Since house is in the name of mother , you cannot claim the deduction.

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