HOME LAON INTEREST DEDUCTION

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FOR EXAMPLE I PUCHASE ONE HOUSE IN THE NAME OF MY WIFE. FOR THIS PURPOSE I TAKE HOME LAON. IN HOME LAON I AM CO-BORROWER BUT I AM NOT CO-OWNER OF THE HOUSE.HOUSE IS 100% IN NAME OF MY WIFE. ALL THE EMIS OF THE HOME LOAN PAID BY ME FROM MY BANK ACCOUNT WHICH IS NOT A JOINT ACCOUNT.


PLEASE GIUDE ME HOW CAN I TAKE DEDUCTION OF HOME LAON INTEREST, BECAUSE MY WIFE HAVE NOT ANY INCOME.
Replies (1)
Your wife cannot claim deduction


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