House property interest claim
This query is : Resolved
20 February 2012
I PURCHASE HOUSE FOR RS 9000000/- FOR PAYMENT OF RS 90 LAKHS I AND MY WIFE HAS CONTRIBUED 20LAKS EACH AND TAKEN LOAN OF RS 50 LAKHS FROM BANK. NOW I AM PAYING HOU LAON INSTALLMENT FROM MY ACCOUNT. MY WIFE HAS NOT PAID ANY INSTALLMENT. TOTAL INTEREST PAID TO HOU LOAN IS RS 400000/- CASH MY WIFE CLAIM 50% OF TOTAL INTEREST WITH OUT PAYING ANY INSTALLMENT. PLEASE GUIDE IN THIS MATTER
20 February 2012
Your query is not very clear.
Do you want to ask if your wife can claim deduction for payment of interest, even though she has not repaid any loan ?
Or you have repaid the installments in cash and want to show that they are repaid by your wife ?
Please clarify your query before we can help you.
Do you want to ask if your wife can claim deduction for payment of interest, even though she has not repaid any loan ?
Or you have repaid the installments in cash and want to show that they are repaid by your wife ?
Please clarify your query before we can help you.
20 February 2012
can my wife claim interest payment without paying any installment
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- NRI starting business in India
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- FCRA 6 E- Intimation
- GST not cancelled by tenant
- FORM 141 SDV query
- EXPORT COMMERCIAL INVOICE HSN CODE
- Non-Compliance documents have not been submitted by the contractors debited
- Invertaded duty struture
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
