Home loan repayment
vatsal (student) (48 Points)
26 March 2016
Vishal Goel
(Chartered Accountant)
(1688 Points)
Replied 28 March 2016
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.
Son can't claim the income tax benefit.