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claiming of repayment of House loan.

This query is : Resolved 
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(Querist)
18 July 2007 Hi Sir/Madam,
If an existing residential House Prop is in the father's name but if his son wants to take a housing loan for reconstruction of H.P. Can he claim ded.. as regards to principal and Interest although if the prop is nt in his name.
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CA Mani

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CA Mani (Expert)
08 August 2007 If loan is on his name, He can claim deduction.
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