Deduction of Interest on home loan.


This query is : Resolved 

Quick Summary
This discussion clarifies whether a son can claim tax deductions on home loan interest when he is the one making the repayments, even though the loan is registered in his father's name. The consensus is that the son is not eligible to claim the deduction in such a scenario.

(Querist)
18 June 2023 Home loan is in the name of of father but the repayment is made by son. Whether son is eligible for claiming interest on home loan.

18 June 2023 No, son not eligible for deduction.

VIKHAS RAVI (Querist)
18 June 2023 Thank You sir for your valuable time

18 June 2023 Most welcome.


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



Answer Query



Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details