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housing Lian

This query is : Resolved 
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(Querist)
03 January 2017 prperty owned by Ramasamy and his wife and owner of the property jointly signed to take loan for housing construction.At present owner of the property deducted housing loan and interest ,whether correct or not
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 January 2017 what is the share of ownership? The deduction can be claimed as per the % of ownership
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SELVARAJ RAJ

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SELVARAJ RAJ (Querist)
03 January 2017 100% ownershipof the property Mr.Ramasamy ,Only Housing loan in the name his wife joint holder
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 January 2017 Then the deduction on housing loan be claimed accordingly. (As per ownership)
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SELVARAJ RAJ

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SELVARAJ RAJ (Querist)
03 January 2017 Thank you sir
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 January 2017 You are most welcome.
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