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Query on home loan deduction
If Husband and wife are co-owners of house property and also co-applicants of Home Loan, but all the repayments are being done by husband alone than can husband take 100% tax benefit on payment of interest and repayment of home loan
Replies (3)
Yes, subject to Rs. 2.00 lakhs cap u/s. 24(b) for interest under head income from HP
Thanx sir
Darpan Bhatnagar
Thanx sir
Darpan Bhatnagar
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