Interest on house property loan

158 views 3 replies
If a person is paying emi on a loan on house property where such house property is in the name of his mother but the person is the co-borrower along with his mother, then whether such person will get deduction of such interest under house property?
Replies (3)
the deduction u/s 24 depends on the proportionate ownership.cap of 200000 if self occupied property

Who is actually repaying can claim in the benificiaary list

the problem is that son is repaying the loan in which he and his mother are coborrowers but the priperty is only in mother's name, then son can claim interest?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register