please suggest , husband is coborrower for home loan taken where only the wife is sole-owner.is husband entitled to take deduction for home loan borrowed(for both Principal and interest amount).?
Menu
Income tax
Replies (4)
no not eligible.only the owner of house property is eligible for home loan benefits
Hello , I think that only if person is also a co-owner of the aforesaid property you can claim deduction
Yes... I agreed to Mr Giridhar S Karandikar...
As per the Query Husband Can't avail the Deduction...
If possible ,You can claim deduction by altering the clause of ownership(Deed) of the property from sole ownership to joint ownership with prior intimation and permission from the bank , consult this solution is possible or not
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
