Home loan tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 March 2016 i have home loan of 25l and i wanted to gift the flat to my mother.. is it possible to gift ?.i doubt it because it has home loan..please clarify. ..

if i could gift. m i eligible for tax benifit of homeloan.?

or how can my mother be elegibl for tax benifit. ?

20 March 2016 gifting to yr mother is possible but yr liability continues.

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 March 2016 Sir, thanks for the reply.
Can i avail tax benifit from homeloan after gifting the property also?


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