Housing loan interest
This query is : Resolved
10 December 2011
I HAVE PURCHASED A PROPERTY IN THE NAME OF ME AND MY WIFE, AND ALSO BORROWED THE LOAN IN THE JOINT NAME , IN THAT CASE EXEMPTION OF HOUSING LOAN INTEREST. WHO WILL CLAIM.
10 December 2011
Generally in such situations, 1/2 of the interest will be claimed by each owner's of the house property.
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