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2(24)(b)

This query is : Resolved 
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(Querist)
22 August 2016 Is son purchases a property in mother's name and avail loan on house property and pays EMI by himself. Who is eligible to take a benefit of EMI on house loan . Is it a gift?
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Amol S Joglekar

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Amol S Joglekar (Expert)
22 August 2016 is it Housing Loan or Loan against property?
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RUCHI

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RUCHI (Querist)
22 August 2016 its housing loan taken by son
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Amol S Joglekar

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Amol S Joglekar (Expert)
23 August 2016 If it is housing loan then his name MUST be there on the said property, else bank would NOT have given the housing loan..... Please confirm........
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