Housing loan and intt.
This query is : Resolved
24 April 2013
DEAR SIR
INDIVIDUAL TAKE LOAN ON RESIDENTIAL HOUSE
ON PROPERTY IN HIS NAME WITH HIS WIFE.
INDIVIDUAL TAKE DEDUCTION AND REBATE U/S 80C .
NOW HOUSE LET OUT
CAN A INDIVIDAL CLIM 50% RENT IN HIS WIFE ITR
THANKS
RUPESH
INDIVIDUAL TAKE LOAN ON RESIDENTIAL HOUSE
ON PROPERTY IN HIS NAME WITH HIS WIFE.
INDIVIDUAL TAKE DEDUCTION AND REBATE U/S 80C .
NOW HOUSE LET OUT
CAN A INDIVIDAL CLIM 50% RENT IN HIS WIFE ITR
THANKS
RUPESH
24 April 2013
interest and rent can only be shared in proportion of ownership of two or more owners
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