House maintenance

Shine (Mechanical ) (215 Points)

30 December 2020

i had taken a small loan for house maintenance, but the house is in my fathers name. can i give less than 30,000, as interest exemption.

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4 Replies

ayusmita (Tax consultant) (5885 Points)
Replied 30 December 2020

No if you are not a co owner with your father

Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 30 December 2020

No claim , the amount paid by the father , you not allowed to claim

Krishna Chaudhary (Accountant) (4531 Points)
Replied 31 December 2020

No you cannot claim any deductions

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Shine (Mechanical ) (215 Points)
Replied 15 January 2021

Thank you all

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