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Benefit of housing loan

This query is : Resolved 
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Querist : Anonymous

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Querist : Anonymous (Querist)
08 May 2015 Dear All,

Please give your views on following :-

'House property is owned by a wife only. Home loan is taken by the wife only in which husband is a co-applicant and will pay 70% of EMI. Can a husband claim the benefit of section 24 and 80C?
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
09 May 2015 For claiming benefits of section 24 and 80C the husband should also be a co-owner of property.
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