banner_ad

Dedcution under section 24

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 May 2017 dear experts
my client and his wife had earlier purchase house jointly and same is funded by home loan in this house benefit of interest deduction u/s 24 and 80c for principal taken wholy by my client(husband) as selfocupied. now they are again planing to buy house jointly and get funded by home loan . now wife can get benefit interest and repayment fully as selfocupied? irrrecpective of she has joint holding in house earlier purchase but not shown as selfocupied.
Profile Image

@VaibhavJ

Profile Image

@VaibhavJ (Expert)
11 May 2017 To claim interest wife must be co-owner in property & co-borrower in loan, also she must pay EMI from her Bank account to claim benefit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details