Dedcution u/s 24 of home loan interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 March 2017
If loan is taken on the name of govt employee(female employee) than wheather loan interest amount and principal amount can claimed as deduction equaly both by husband(govt employee) and wife (govt employee).
04 March 2017
1. If the house against which loan is taken is in joint names with equal rights, then both can claim 80C (principal) and 24 (b) ( interest) equally.
2. If house is in husband's name, both cannot claim 80C and 24(b).
3, If house is in wife's name, full amount can be claimed by her under both the sections.
2. If house is in husband's name, both cannot claim 80C and 24(b).
3, If house is in wife's name, full amount can be claimed by her under both the sections.
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