Joint bank account and joint home loan

A/c entries 376 views 2 replies

Hi all..

Me and my husband bought a house and we are joint owners of the same. We opened a joint account in a bank and took home loan. Now please explain how to show in the books. And in ITR.

Thank you in advance..

 

Replies (2)
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Hello,

I have the same query.

Can someone please confirm how accounting entries are to be done?


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