Income tax reg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2014
Dear Sir,
I wish to clarify a doubt regarding Benefit of Housing Loan
i.e.
If husband & wife got the Housing loan as applicant & co applicant respectively , whether both of them can take benefit of Interest & Principal deduction from their income (to the extent of Rs.200000 as interest & Rs.150000 as principal repayment for each person) ?
I wish to clarify a doubt regarding Benefit of Housing Loan
i.e.
If husband & wife got the Housing loan as applicant & co applicant respectively , whether both of them can take benefit of Interest & Principal deduction from their income (to the extent of Rs.200000 as interest & Rs.150000 as principal repayment for each person) ?
Nikhil Kaushik
(Expert)
18 August 2014
yes both can claim individually.
28 August 2014
yes allowed to both of them............
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