vijay singh (CA FINAL STUDENT) (53 Points)
15 September 2016
Vaidehi Patil
(Student)
(131 Points)
Replied 15 September 2016
it is usually to the wife (in the example quoted) but if the credit is in excess then it can be shared by both husband and wife
vijay singh
(CA FINAL STUDENT)
(53 Points)
Replied 15 September 2016
| Originally posted by : Vaidehi Patil | ||
 |
it is usually to the wife (in the example quoted) but if the credit is in excess then it can be shared by both husband and wife |  |
thx....but which section saay that if the credit is in excess then it can be shared by both husband and wife
Unnikrishnan B
(Forex In Charge)
(740 Points)
Replied 15 September 2016
Vijay
I will tell you practically what happens.The property owner csn get the deduction U/S 80 C snd 24(b)
And also for claining deduction u/s 24(b) .wife have to make payment from her own sources.repaymrnt of loan to be made by wife
I have answered from practical point of view
Durgesh Vashisth
(Financial Consultant)
(252 Points)
Replied 15 September 2016
both party will get credit equally.
Vaidehi Patil
(Student)
(131 Points)
Replied 22 September 2016
actually i m a ipcc student so i gave answer as per my knowledge was concerned but i m unaware about the sections
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