Deduction u/s 80 c

This query is : Resolved

Bharat Gupta (Querist)
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06 April 2013 Dear Experts,
I want to know whether an indivisual can claim deduction u/s 80C for the housing loan repayment, which he is making "on behalf" of his parents.
(Actual loan was taken by the parents & property is also registered only on their name - they are still surviving).

If not, than please suggest a solution so that the indivisual can get tax benefit.

Thank You,
Bharat Gupta.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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07 April 2013 Since the property in parents and loan also their name. son cannot claim those deductions

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