Housing loan on gifted property
visu iyer (mentor) (834 Points)
13 October 2021now he gifted the property on me.
can I now claim the housing loan interest from the date of transfer, because the ownership is transferred.
please advise
visu iyer (mentor) (834 Points)
13 October 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174000 Points)
Replied 13 October 2021
It seems the house is not registered in your name, As without closure of the home loan, it cannot be transferred.
If bank has approved the loan to be transferred in your name, go ahead, no issue.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 13 October 2021
visu iyer
(mentor)
(834 Points)
Replied 13 October 2021
sabyasachi mukherjee
(27354 Points)
Replied 13 October 2021
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