Income from house property

Without ownership of House, she is not entitled to claim Interest

mere regn is not a determinig factor of ownership..as long as a person pays int on loan frm his own source of income, he is lawful owner of property...

• Each co-applicant can claim deduction for interest paid by them as a joint loan taken.

• The very first condition is the house property has to be bought by the individuals jointly, and this should be in their joint names.
• The share of each holder should be clearly mentioned so that there is absolute clarity on the percentage ownership of each co-owner. 

Hence as per above provision for claiming interest deduction both loan and property must be in the joint name.

Being a co borrower in a home loan doesnt gives a person ownership of the property. And ownership is must to claim any deduction or benefit. Hence, no , the daughter cannot claim any benefits.

ok..so second part of my reply is incorrect...sorry....i fully agree co borrower wil not get any ownership rights....its only for security purpose.....further as per karnataka hc judgment, mere regn of property is not a decideing factor whether there id material available on record to prove that some other person has paid purchase consideration n property is regd is some one else's name

*where there is

Ownership rights are important as far as claiming Income tax benefits is concerned. Payment of consideration alone will not grant ownership rights.

Please share the relevant hc judgement.