02 July 2012
I(resident individual)purchased house property and in sale deed only my name is there and my wife is not the co-owner but i have taken housing loan in the name of my wife(resident women assessee)and i am also a co-applicant and repayment of loan is made from my S/B A/c. So loss under house property(interest payment)and deduction u/s 80C(principal repaid) is to be taken by whom?? myself or my wife??? plz quote similar judgement if any...
CAclubindia
