Co-applicant housing loan

This query is : Resolved

Bon Saha (Querist)
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09 April 2016 I work in a public sector bank . I am planning to take a staff housing loan from my bank with my father as

co- applicant,The entire loan amount including principal and interest will be borne by me. My father is a retired state

govt employee and i am the only daughter of my parents and i have no siblings and i am not yet married. However

my father is the sole owner of the land on which the house is to be constructed. Can i claim tax benefit under

Section 80C and Section 24 ? Please reply.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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09 April 2016 If you are paying Housing loan Installment then you can avail both section benefits.

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