Building home
This query is : Resolved
08 October 2012
if Mr.A construst a home in the name of his wife but all the expenditure are made by Mr. A.
Can he claim the deduction under income tax act.??
Can he claim the deduction under income tax act.??
Aditya Maheshwari
(Expert)
08 October 2012
No Mr. A cannot. Show it as a loan from Mr. A to Mrs. A.
10 October 2012
you mean first Mr. A has to give loan to his wife and then Mrs. A expend his loan as expinditure for the purpose of loan...???
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