Housing loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2011 LOan is on joint name husband & Wife, but EMI is paid by Husband. So deduction can be taken 50-50 or the Husband will take the benifit of deduction.

27 July 2011 both are eligible for deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2011 LOan is on joint name husband & Wife, but EMI is paid by Husband. So deduction can be taken 50-50 or the Husband will take the benifit of deduction. Loan is taken before 5 year from that time husband is taking benifit. but now they want to change in to 50-50. so they can they change & take the benefit 50-50. even EMI paid by husbands A/c.

07 August 2011 for claiming 50-50 deduction, Loan and property both should be in Joint name


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