A flat is co-owned by husband & wife. But the repayment of the loan is made by husband only. Will the benefit of loan repyment under House Property & U/S 80C will be available to both or only to the Husband?
ejaz naiyer (C.A. FINAL) (293 Points)
05 February 2010A flat is co-owned by husband & wife. But the repayment of the loan is made by husband only. Will the benefit of loan repyment under House Property & U/S 80C will be available to both or only to the Husband?
Amir
(Learner)
(4016 Points)
Replied 05 February 2010
Dear Ejaz,
Since only husband is making the repayment the benefit can be claimed by him only..........
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