Deduction u/s 24b on interest on housing loan


This query is : Resolved 

26 February 2013 Mr. A is a salaried employee. His wife B is housewife. Mr. A has purchased a house, but the same is in the name of his wife B. He is not the co-owner of the house. Now, for purchasing this house they have taken a housing loan, which is also in the name of his wife B. Mr. A is not a co-applicant in the housing loan.

My question here is whether Mr. A can claim deduction u/s 24b of int. on housing loan as he is the person who is paying the EMI's.

26 February 2013 Hi Purva

Ans. is No.

Thanks!!

26 February 2013 Hi Purva

Ans. is No.

Thanks!!

26 February 2013 how can he claim
neither he is owner nor he has taken loan
he can't take benefit


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
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
31 July 2026
Senior Accountant - Bunia, Democratic Republic of Congo

AD GLOBAL LTD

Mumbai

B.Com

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Follow