Housing Loan Interest


This query is : Resolved 

(Querist)
04 December 2008 Housing Loan on same house is taken by Husband & wife jointly with 1st borrower being wife
can loss from house property of Rs.150,000 (interest) be claimed by each of the borrower? ( i.e. Rs. 300,000 )
whether it can be possible to claim loss from house property (Rs. 150000 )by wife for initial years and later by husband if only Rs. 150,000 is allowed

04 December 2008 If the loan account is joint then both can can claim the equal portion.


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