HP Income and expense deduction


This query is : Resolved 

Quick Summary
This discussion clarifies the rules for claiming income and expenses related to a jointly owned house property. Specifically, it addresses whether a wife can claim rental income and municipal tax paid, while the husband claims housing loan interest. The advice given is that both owners must share income and expenses equally.

16 September 2025 Hello,

Can you guide me following

One house property in jointly name of Husband and wife

Can house rent received and municipal tax paid claimed by wife and

Housing loan interest claim her husband??

Thanks in advance

16 September 2025 No; both should share income & expenses equally.

16 September 2025 Good Luck..


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