18 December 2014
hlo freinds, if a person has taken a housing loan but repayments of housing loan are made by his son then whether his son can claim ded u/s 80c for principle amount and u/s 24 for interest amount.
18 December 2014
His son can not claim deduction u/s 80c and u/s 24 for loan taken by father. Father can receive gift from son and make repayments to avail the benefits.
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