Tax implication being a coborrower at one property and landlord at another property

RAVI BHUSHAN SAHAY (1 Points)

06 March 2024  

I have purchased a property in mumbai in which my mother is co-owner as well as co borrower.I am paying the full EMI from my bank account so i am taking the home loan interest benefit.

 

Now i am working in bihar where mother has a property solely on his name can I take HRA benefit by paying rent to my mother.

Inshort can I take income tax rebate under section 24 in which my mother is co borrower and at the same time pay rent to my mother at another property