house property income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2011 can any one clear my doubt with regard to the house property income.
The doubt is if husband and wife both getting income, having two house which is owned by husband and shows as taxable and self occupied in his return. And now wife purchased one more house in her name with the help of bank loan. After tat husband had given some lumpsum amount from his income to his wife, which she will use for clearing her bank loan. Now whether wife can claim the deduction towards the repayment of loan under section 80c and interest u/s 24 out of her let out income of same house..?

Guest

Guest (Expert)

02 February 2011 In my opinion, deduction u/s 80C and interest will be allowed.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

N N V Satish

Pushkar Nagda

Subbiah S

Suneel Shah

AKCJ INFO

Subscribe Now

house property income

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

CA Final

Senior Executive

Accountant

GST CONSULTANT

Manager- Finance and Compliance