Joint loaners

Tax queries 384 views 2 replies

Friends

In case am employee and his wife take home laon jointly, who will be allowed deduction under section 80C and 24 ? The person who actually pays , ie from whose bank account the money moves ..

Regards

Replies (2)

in the ratio of loan amount percentage, the interest and repayment would be booked, in name of both.

If there is no loan amount % then ? moreover is 100,000 for 80C and 150,000 for 24 be spread amongst the joint loaners. i think it should be

regards


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