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Interest on house property

This query is : Resolved 

14 February 2014 Dear Sir,

I have a query. One of my client took a housing loan in P.Y. 2013-14 for acquisition of House Property.His mother is a co-applicant in the loan. For saving stamp duty charges he got the property registered in his mothers name. So my question is whether he can claim deduction U/S 24 for interest and U/S 80C for Principal repayment even though he is not a registered owner of the property ?
Please help. Thanks in advance

15 February 2014 Hi,

Since he is not an owner of the property he can not claim the deduction.

Thx


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