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Income tax

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(Querist)
12 September 2011 husband and wife both are executing loan document to take housing loan, whereas property is only in the name of wife. so can husband claim deduction in 80C ?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
13 September 2011 Since husband is not the owner of the house, he is not eligible to claim deduction under section 80C(2)xviii) of the Income tax Act,1961.
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Devesh

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Devesh (Querist)
14 September 2011 Thank u sir..
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