if the HBL is taken jointly in the name of husband and spouse, then how can the deduction u/s 24b i.r.o interest on borrowed capital be claimed, provided that both of them file the ITR and the both are the co owners of the house
Menu
sec 24b
Replies (1)
In my view both husband and wife can claim the interest amount in their co-ownership ratio.
The certificate from the bank specifying the amount of interest payable by the assessee should be in both name i.e. H & W jointly.
Copy of flat purchase agreement alongwith above mentioned certificate should be filed before the AO to justify the claim.
Recent Topics :
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
- NPO registered under sec 8 itr filing
Related Topics :
CAclubindia
