HOUSING LOAN DEDUCTION.
This query is : Resolved
10 January 2011
CAN EMPLOYEE CLAIM THE HOUSING LOAN DEDUCTION, IF LOAN IS IN THE NAME OF HIS WIFE AND SHE IS HOUSE MAKER.
Please clarify.
Please clarify.
10 January 2011
no. It should be in the name of the salaried.
10 January 2011
neither principal u/s 80C nor interest u/s 24(b) is allowable
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