Interest of housing loan
This query is : Resolved
26 June 2008
If loan is taken in joint name of husband & wife but payment being made of installments from husbands account.
Can full amount of interest and principle can be claimed u/s 24B and 80C from husbands income.
Can full amount of interest and principle can be claimed u/s 24B and 80C from husbands income.
26 June 2008
Hi..
I think it should be claimed proportionately by both husband & wife..
If Wife's income is clubbed with Husbands income u/s64..then he can cliam full deduction..
I think it should be claimed proportionately by both husband & wife..
If Wife's income is clubbed with Husbands income u/s64..then he can cliam full deduction..
26 June 2008
Proportionate claim..
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