Availing tax benefit of paying interest u/s 24b
This query is : Resolved
12 March 2014
In last A.Y. assessee paid the interest and principal on the house loan instead of his wife(the loan holder), so can he claim the benefit of U/s 80C, U/s 24B. Until last year wife claimed the interset benefit with filing return showing income from salary. Now she left the job and not filling return whether assessee can claim benefit?
Nikhil Kaushik
(Expert)
13 March 2014
is the house co-owned or in wife's name only?
13 March 2014
In the name of wife only.
Nikhil Kaushik
(Expert)
13 March 2014
well then you cannot even be treated as the beneficial owner. so I dont think you can claim the deductions.
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