Income Tax Deduction Query
Madhu Sudhan (57 Points)
03 September 2019case 1. Mother has no income.
case 2. Mother has executed will towards his name.
if in that case what would be the requisities?
Madhu Sudhan (57 Points)
03 September 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178278 Points)
Replied 03 September 2019
No.
The assessee should be owner or co-owner of the property. Will doesn't make him owner till it is probated.
Madhu Sudhan
(57 Points)
Replied 03 September 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178278 Points)
Replied 03 September 2019
For claiming the home loan deduction the assessee should be owner or joint owner of the property.
Kapadia Pravin
(17259 Points)
Replied 03 September 2019