Benefit on home loan interest
This query is : Resolved
Dharam Pal
(Querist)
08 March 2022
Please advise tax benefit on Home loan Interest of Joint Property purchase by Husband and wife for self occupied 2.Also advise is it any condition for payment of EMI from both Bank Account or Joint Account?
Dharam Pal
9810600330
Dharam Pal
9810600330
12 March 2022
Home loan interest and principal repayment tax benefit is allowable only if property is in joint name and house loan also in joint name.
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