07 March 2016
Dear Sir's and Friends, If an individual is a co-owner with her husband in a Property which is bought on loan basis. House is vacant since the co-owner stays along with her husband in a house property which belongs entirely to her husband. Now in this case while filing tax returns whether this co-owned property will be considered as a SOP for her or DLOP, Please suggest, also if DLOP then she can claim entire interest paid be her Rs. 6 Lacs U/s 24B. Please clear my doubt.