Deduction of interest on laon taken from wife


This query is : Resolved 

26 February 2010 While purchasing the flat i had taken a laon of Rs. 2 lakh from my wife. The house property is a rented property. Can i claim the deuction of interest paid to wife in my income tax return.

27 February 2010 Yes you can claim the deduction.

02 March 2010 yes u can


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