Housing loan repayment deduction on income tax

VISAKHA.E (article assistant) (97 Points)

04 March 2019

Husband take home loan. but property was on wife's name. can husband claim housing loan repayment as deduction?

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5 Replies

CA.Pankaj Rawat (Chartered Accountant) (1381 Points)
Replied 04 March 2019

to claim a tax benefit in housing loan you must be the owner of house property.

2 Like

Giridhar S Karandikar (Team Lead) (7548 Points)
Replied 04 March 2019

no you can't take deduction. get the property registered in your name after that you can take deduction

Priya Kashyap (Student) (7053 Points)
Replied 04 March 2019

nahi, you must be the owner or co-owner in the case ABOVE

1 Like

Rohan Bagra (406 Points)
Replied 05 March 2019

must be the owner or co owner of the property to claim tax benefits

PUSHP KUMAR SAHU (CA FINAL ASPIRANT) (3115 Points)
Replied 07 March 2019

you can not claim deduction....for claiming you must be a owner or co owner

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