Loan Borrow?
zanis 0071 (68 Points)
15 September 20211)Does it make difference if take entire amt under my name
2)Does co borrowing loan with Spouce matters?
does co borrow help or it's unnecessary??can anyone explain this?
zanis 0071 (68 Points)
15 September 2021
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 15 September 2021
Interest payment can be bifurcated amongst u and ur spouse.... In case of home loan dedn upto 150000 under 80c may be aviled based on the proportion of interest.... Also ur loan amt may increased based on the earning credentials of you and your spouse
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)