Home Loan Claim by husband
This query is : Resolved
26 March 2009
Dear Freinds,
Can a person claim the home loan instalment paid by his wife.
Can a person claim the home loan instalment paid by his wife.
26 March 2009
No he can't
26 March 2009
YES he can only if-
1) The loan is in the name of both (husband & Wife);
2) The husband and wife are shown as Co-owners of the said property and
3) The income of wife is clubbed with that of Husband
1) The loan is in the name of both (husband & Wife);
2) The husband and wife are shown as Co-owners of the said property and
3) The income of wife is clubbed with that of Husband
26 March 2009
No,
26 March 2009
Principal component - No.
Interest component - Yes.
Interest component - Yes.
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