Deduction u/s 24(b)

191 views 3 replies
User Avatar

271 Points Joined February 2016
As my father and mother take joint loan and property is also jointly owned. But my mother has no income as she is housewise. Then can my father take all amount of interest as deduction?
1 Reply Share Follow
On 25 June 2017 at 09:34 Report
Replies (3)
User Avatar

SEO Sai Gr. Hosp.
210651 Points Joined July 2016

Yes, but the payment of EMIs should be made by your father only. (also subject to overall limit of 2 lakhs under HP)

1 Reply
On 25 June 2017 at 09:51
User Avatar

271 Points Joined February 2016
Yes okk. Thank you sir
Reply
On 25 June 2017 at 12:24
User Avatar

SEO Sai Gr. Hosp.
210651 Points Joined July 2016

Most Welcome

1 Reply
On 25 June 2017 at 13:32


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading