Sec 24b

This query is : Resolved

NEHA KANORIA (Querist)
Follow

13 March 2015 If a joint home loan is taken, then can both claim 100% Deduction of inteest u/s 24b and proncipal repayment u/s 80c

CS Advocate Abhishek Goyal (Expert)
Follow

13 March 2015 Yes but only if both are also joint owners of property.

Message likes : 1 times

Deepti Asawa (Expert)
Follow

13 March 2015 http://taxguru.in/income-tax/tax-benefits-home-loan-joint-names.html

Message likes : 1 times

NEHA KANORIA (Querist)
Follow

13 March 2015 means suppose if total interest payment is Rs. 1.5lakh and A & B are 50:50 ratio, then how much can each claim?

CS,CA F,Numrologi TusharSampat (Expert)
Follow

13 March 2015 to the extent they ppaid home loan subject to 1.50 lakhs indivdually

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess