interest benefit on house loan
This query is : Resolved
Harish Chandra
(Querist)
11 December 2009
Govt. Servant Husband got retired in Nov'09. Now he will get Pension.
He was taking home loan tax advantage on repayment of EMI from his banks salary a/c for the residential house in his name.
After retirement his wife a private school teacher having taxable income want to take benefit of home loan EMI repayment from her own income.
Can she do that?
He was taking home loan tax advantage on repayment of EMI from his banks salary a/c for the residential house in his name.
After retirement his wife a private school teacher having taxable income want to take benefit of home loan EMI repayment from her own income.
Can she do that?
Murtaza I Bhagat
(Expert)
11 December 2009
I think if husband takes benefit of H.L before retirement...now wife can not take benefit of it..even if she has taxable income..
others opinion is also important.
others opinion is also important.
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