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..
Priya (Student) (34 Points)
30 May 2022Hi 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..
Rahul Jain
(3 Points)
Replied 26 July 2022
Hello,
I have the same query.
Can someone please confirm how accounting entries are to be done?