Deduction

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 January 2015 My client wants to take housing loan on land which is registered in his wife name.Can he get benefit of sec 80C n 24..
Thanks

22 January 2015 he must be the co onwer then only he can get the said benefits.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 January 2015 sir he is not co owner land is in name of wife and he will do construction thru loan...can he claim deduction

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 January 2015 sir he is not co owner.Land is in name of wife and he will do construction thru loan.can he claim deduction

22 January 2015 if any property is also built over it then still the owner remains his wife and hence unfortunately he will not be allowed the benefit so better insert his name as co onwer.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 January 2015 sir it means we have only option of joint loan...then only we claim deduction in both d files

22 January 2015 even if u take joint loan still she will be eligible and not u as onwership is imp for deduction.

23 January 2015 without ownership on house you cannot get the benefit.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details