About deductions of interest on housing loan....
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 May 2013
Dear all,
I have some doubts regarding interest on housing loan, for taxation purpose. please anyone clarify.
1. can we deduct interest on housing loan ,from both incomes of spouse (i.e wife and husband) in 50 -50 proportion for tax savings.
2. can we claim both HRA and interest on housing loans in any case.
3.suppose ,if a person is staying somewhere and his/her house is in other place. In own house his/her parents are residing. is it possible to claim both HRA and interest on housing loan as deduction.
I have some doubts regarding interest on housing loan, for taxation purpose. please anyone clarify.
1. can we deduct interest on housing loan ,from both incomes of spouse (i.e wife and husband) in 50 -50 proportion for tax savings.
2. can we claim both HRA and interest on housing loans in any case.
3.suppose ,if a person is staying somewhere and his/her house is in other place. In own house his/her parents are residing. is it possible to claim both HRA and interest on housing loan as deduction.
28 May 2013
if funds are 50%-50% invested when wife and husband take claim.
if you are doing job out side where you are not have house . then you clim both
if you are doing job out side where you are not have house . then you clim both
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