Home loan
Dinesh Gupta (Tax Practitioner) (187 Points)
11 March 2016Dinesh Gupta (Tax Practitioner) (187 Points)
11 March 2016
Vishal Goel
(Chartered Accountant)
(1688 Points)
Replied 15 March 2016
Hello,
A co-owner, who is not a co-borrower, is not entitled to tax benefits.
Similarly, a co-borrower, who is not a co-owner, cannot claim benefits.
If you are not co-owner is that property then you will get tax benefit for home loan repayment.