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House Loan interest and repayment

04 February 2019

Regarding house loan

I have arranged the bank loan in my name, but property in my wife name.

may I claim the loan interest and repayment due in my IT

pl advice

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3 Replies

Meenakshi S (Self employed) (198 Points)
Replied 04 February 2019

Hi,

Please refer to the given link:

https://www.quora.com/The-house-is-registered-in-my-wifes-name-however-I-am-paying-the-whole-emi-Can-I-claim-income-tax-rebate-on-home-loan-in-india

I hope you will get your answer with this.

Thanks

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Harshavardhan (student) (138 Points)
Replied 04 February 2019

To claim the interest and principal repayment the house must be in name of the assessee.

Giridhar S Karandikar (Team Lead) (7543 Points)
Replied 04 February 2019

get the property registered in your name as well as first name after that you can claim the home loan be benefit

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