deduction under section 80C regarding home loan repayment
This query is : Resolved
26 December 2009
Dear Sir/ Ma'am,
I have a Joint property in my n my wife's name.
Loan is on my name.
Can both of us claim 50% deduction for both the principal as well as the interest part.
I have a Joint property in my n my wife's name.
Loan is on my name.
Can both of us claim 50% deduction for both the principal as well as the interest part.
26 December 2009
Loan should have been to joint name also. So only u will be able to claim the deduction
26 December 2009
Loan as well as repayment should be made by both of u by Joint Account or any other mode by 50% each
27 December 2009
agree with both experts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TWO FIRM NAME IN ONE GST NUMBER
- ITR -1 Filing
- Transportation of Petrol, Diesel by GTA and Other than GTA
- SEA GOING ALLOWANCE
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- Procedure and Documents Required for Release of FD from DVAT
- TDS whether applicable or not in case of Flat purchase
- Form 16 Issues
- Trust 10AB form required for old asst. years?
- Treatment of Profit on sale of fixed assets
- SALES MADE THROUGH E COMMERCE OPERATOR 9(5)
- Igst utilisation query
- Interest will be paid
- CHANGE IN PARTICULARS OF DIRECTOR
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
- Notice u/s 148 of IT Act
- Credit note for cycle round
Trending Online Classes
CAclubindia
