Deduction of sec. 80c & 24 it act

before hand, it should be cleared that why Y is repaying the debts of X, any agreement or relation?

Mr. Y is  son of Mr.  X

Mr. Y is only repaying the loan. there is no written agreement for the same.

Deduction of loan is allowed only to the person who has taken it.

for 80C Y is eligible,

for section 24 its doubtful,

as whether there is any income out of property of X is unknown, 

balance apart from this subject their other income income status, viz holding second property also matters, 

but 80C is available in hands of payee, without any doubt

First of all Thank you U S Sharma for Replying 

As per my view Mr. Y is allowed.

Can you provide me any reference or specific provision for the same

MR. X is a salaried person. No other property is hold by Mr. X and no income is generated from the property it is purely SOP.

Mr. X having income only from Salary.

And this is just family terms. Loan taken by father and repay by son.

Now please give me your Valuable Guidance

In my opinion, in case of joint ownership, co-owner paying the loan can claim the whole deduction but a third party (unrelated) can not.

deduction of section 80c will available to the persone who has taken the loan

Thanks to all of u for your valuable guidance.

Mr X is earning Salary 

Loan is taken on sole computation of Mr X financial  status, ( Mr Y is nowhere since the loan grant to position handover) 

Mr X is alive and not disabled, but earning, and as he hold a home loan then its assumed that he is also paying income tax, and well in position to claim the deduction of  both sec 24 and 80C

so under what circumstance Y should get eligible to claim u/s 24?