Deduction of home loan principal amount
This query is : Resolved
03 July 2013
home loan is in the name of Mr. ABC
Mr. Abc also has an HUF named ABC (HUF).
Can huf claim deduction of home loan repayment if huf pays installments to bank?
Mr. Abc also has an HUF named ABC (HUF).
Can huf claim deduction of home loan repayment if huf pays installments to bank?
03 July 2013
deduction can be claim by the person in whoesname property is registered.
if owner is ABC(HUF) then it can claim deduction.
if owner is ABC(HUF) then it can claim deduction.
03 July 2013
huf cannot claim deduction, ABC can claim deduction
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