House property
This query is : Resolved
Mayur Thakkar
(Querist)
14 February 2014
A property is owned by a male person. he has taken a house loan for the property and the same is self occupied by him n his family. can the husband n wife both claim deduction for interest paid on housing loan. if yes than how much? for eg the interest for the year is RS.2,50,000/-
Nikhil Kaushik
(Expert)
14 February 2014
no..only the husband can claim the deduction as wife is not the owner.
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