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Sec 24 ,

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(Querist)
17 March 2016 Sir, shall I claim interest u/s 24, even if the property is registered on my parents name ?
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CA MANISH SAXENA

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CA MANISH SAXENA (Expert)
17 March 2016 NO you are not eligible to take the benefit of Sec 24.
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Saikrishna Chitturi

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Saikrishna Chitturi (Querist)
17 March 2016 sir, actually I will pay both interest and principal but the property registered on my parents



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Saikrishna Chitturi

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Saikrishna Chitturi (Querist)
17 March 2016 sir, actually I will pay the interest and principal but the property is registered on my parents name
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Soumitra Basu

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Soumitra Basu (Expert)
24 March 2016 The obligation for payment of rent is of your parents not yours. you are only discharging the obligation of your parents that will not make you eligible for getting deduction.

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