Income tax deduction for home loan

CA Ankit Agarwal (CA, CS) (693 Points)

14 December 2017  

If a person buys a flat and gets it registered in the name of his wife, will he get Tax deduction?

Note: Loan is taken by the husband, and he will be paying the EMI. The wife does not have any source of income.

He wants to get the flat registered in name of his wife to save the stamp duty which are available to a woman.