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House loan interest benefit

This query is : Resolved 

14 February 2014 My wife and I have jointly taken a home loan. What will be our individual tax benefits? can we both claim tax benefits?if yes in what ratio.

14 February 2014 in the ratio in which you repay the loan and interest. please note that you both are eligible for deduction upto Rs 1.5 lakh interest separately.


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