Rental income split

neha (Others) (420 Points)

11 July 2018  

in case of joint holders(father son) of a house , if the loan is taken by 1 holder and the cash paid by other e.g say 1cr loan taken by 1 holder and abt 25 lakhs paid by other will the rental be split tht ratio or can they have agreement or split the rental 50 -50 for saving tax?