House property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 June 2016
The assessee is a Govt employee. He purchases a house in his mothers name & pays loan Installments from his Salary Account.
Can he Avail Deduction of Interest Paid ?
Can he Avail Deduction of Interest Paid ?
Amol S Joglekar
(Expert)
26 June 2016
in order to claim interest...the house property has to be in the name of the asessee
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