Deduction u/s 24b
This query is : Resolved
05 July 2017
Sir,
One of my clients has taken joint house loan along with his wife and the total interest has been paid by him and the house is registered in the name of his wife. Is he eligible for deduction u/s 24b? If yes how much can he claim??
One of my clients has taken joint house loan along with his wife and the total interest has been paid by him and the house is registered in the name of his wife. Is he eligible for deduction u/s 24b? If yes how much can he claim??
Amol S Joglekar
(Expert)
05 July 2017
if the house is not in the name of your client assessee, he can NOT claim any deduction on account of interest on housing loan
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Amol S Joglekar
(Expert)
05 July 2017
what sort of reference you want?
see the point is... house is NOT in the name of husband.....so he can not get any deduction on account of interest on housing loan
see the point is... house is NOT in the name of husband.....so he can not get any deduction on account of interest on housing loan
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