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Buying loan in my wife's name while i take loan

This query is : Resolved 
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(Querist)
07 June 2019 I'm a married male person. My wife is not working. I'm going to buy home with loan. It seems it is possible to register it in my wife's name while I take 100% loan. In such a case, can I get tax benefit on home loan interest?
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Amol S Joglekar

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Amol S Joglekar (Expert)
07 June 2019 if you buy the house in BOTH names and loan in your name, then you can get the benefits of interest on housing loan
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Madhusudhan Y

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Madhusudhan Y (Querist)
07 June 2019 Thanks Amol. If I register the house in both of us, can I get all the tax benefit that I would get if I register in my name alone? Or I get only 50% of the tax benefit?
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Amol S Joglekar

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Amol S Joglekar (Expert)
07 June 2019 both names, full benefits if the loan is in your name
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