Deduction u/s 24b - Interest on loan
Bhavik Punamiya (39 Points)
27 May 2023Whether interest portion can be claimed by other member?
Soppose interest is 250000 one person claims 200000 and other 50000
But entire amount is paid by one
Thanks
Bhavik Punamiya (39 Points)
27 May 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177840 Points)
Replied 27 May 2023
Yes, possible if the payment receipts issued by bank are in all three names, jointly.
Bhavik Punamiya
(39 Points)
Replied 27 May 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177840 Points)
Replied 28 May 2023
1. No. Not allowed over under constriction property, till its completed.
2. Not mandatory.