Please resove below doubt for taking deduction of Housing Loan -Interest & Principal for the fy-2021-22-- > One of my client have taken housing loan in joint account with his wife - proportion is 50 % each
In last year he was taken deduction of housing loan interest & principal 50 % individually.
In this current year can his wife taken 100 % housing loan interest and principal from her total taxable income?? because his spouce income is not taxable income and tax payable??
Installment is paid from saving bank account- jointly holder
CAclubindia
