Interest on borrowing u/s24

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 March 2015 A house property taken in the name of father but loan for the same has been borrowed in the name of son and the repayment of loan also made by son. Can son avail the benefit of deduction u/s 24 (b) under the head House Property????

Its Urgent.....

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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12 March 2015 since the son is not the owner unfortunately he cant take deduction.

best advisable to you is make your son joint owner so he can claim the int on loan paid

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