Interest on house property

Ashwin N (Chartered Accountant) (192 Points)

26 September 2014  

Hi All,

One of my client has property which is in of both father and son.son being first name holder.now the son has become NRI settled in UK.now, his father is putting in his indian bank account from which EMI is debited.whether father can claim deduction on account of repayment of principal and interest.

Thanks