Interest deduction
This query is : Resolved
22 February 2013
I have purchased a flat in my wife's name.
I am repaying the housing loan from my account.Can I claim interest paid deduction.
I am repaying the housing loan from my account.Can I claim interest paid deduction.
Aditya Maheshwari
(Expert)
22 February 2013
U can claim deduction of interest only if u are owner or co owner of property not otherwise.
CA Prashant Gupta
(Expert)
22 February 2013
No you can't
as you are not owner or coowner
your wife can take benefit
as you are not owner or coowner
your wife can take benefit
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