If house property is on the name of wife & loan is on the name of husband, loan is repaid by husband only.
Will deduction can be claimed by husband under section 24 & 80c if not claimed by wife..??
Menu
house property
Replies (2)
to claim deduction under section 24 and 80c, the assessee should be the owner of the property and borrower of the loan. in this neither you nor your wife can claim it. this is my view
please check the provisions under clubbing of income..
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
