Home loan
Dinesh Gupta (Tax Practitioner) (187 Points)
11 March 2016Dinesh Gupta (Tax Practitioner) (187 Points)
11 March 2016
Vishal Goel
(Chartered Accountant)
(1688 Points)
Replied 15 March 2016
Hello,
A co-owner, who is not a co-borrower, is not entitled to tax benefits.
Similarly, a co-borrower, who is not a co-owner, cannot claim benefits.
If you are not co-owner is that property then you will get tax benefit for home loan repayment.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)