Clubbing of negative income

As per Sec 64 Income as well as loss is clubbed.So if the husband is the deemed owner of the house property then he can claim the interest repayments in his return

HI,,

      In order to claim housing loan repayment and interesti,it is necessary the owner must be the person in other words if the husband is not the owner of the property,he cannot claim interest ,as per income tax act,it is ownership which makes you eligible for housing loan and interest even if you pay EMIs of your wife or anyone,house shoud bei n your name

regards

sripal jain

if the loan is in the name of wife is immaterial,the owner is material

regards

sripal jain