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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- TAN for Partnership
- Sales return eway bill
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- E way bill for tractors
- REGARDING GST LIABILITY/....
- Specified Profession
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Plot of land. Cost of Acquisition
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
