Can each Co-owners claim Interest on Home loan Rs. 150000
This query is : Resolved
07 March 2009
Husband & Wife are co-owners of the property purchased thru Home Loan. Both the persons are working and Home loan is taken jointly. Will the limit of Rs. 1,50,000 apply individualy to both of them ( i.e Total deduction will be Rs.3,00,000) or will the total deduction restricted to Rs. 1,50,000.
07 March 2009
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