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Int on self occuoied property on the joint holder

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 May 2012 property is purchased on the 3 joint holder.loan is taken against the mortagage property papers.

what is the ecah owner get the max deduction avai on interest part of EMI for purchase of proeperty?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
14 May 2012 Each joint holder is eligible to claim maximum benefit of Rs. 1,50,000.

The limit is for each joint holder separately.
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