Housing laon taken in Joint name
This query is : Resolved
28 July 2009
My question : housing loan taken in Joint name along with wife and she is house wife no source of income, Can the husband claim total amount of housing laon and interest and what extent please clarify.
Thanks.
Thanks.
Guest
Guest
(Expert)
28 July 2009
In housing loan case, bank will issue a interest certificate and as per certificate u can claim.
28 July 2009
Check the few things,
01. Whos name apprearing first on the certificate
02. Check full repayment is made from the account of husband.
03. Self declration from wife, that she will not be claiming this in her income tax return.
If all the above conditions fullfill then husband can claim the full interest & repayment benefit in his income tax return.
Thats it.
01. Whos name apprearing first on the certificate
02. Check full repayment is made from the account of husband.
03. Self declration from wife, that she will not be claiming this in her income tax return.
If all the above conditions fullfill then husband can claim the full interest & repayment benefit in his income tax return.
Thats it.
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