Interest on borrowed Capital
This query is : Resolved
06 August 2009
HOusing loan is taken by husband and wife in joint name but house is in the name of wife . loan is repayable by husband . who will claim exemption.
chetan soni
(Expert)
06 August 2009
legal owner of the property can only claim the interest benefit.
In present case only wife can claim the interest amount.
In present case only wife can claim the interest amount.
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