Interest on housing loan
This query is : Resolved
VINAY SACHDEVA
(Querist)
20 July 2018
A purchased a house in the name of A, B & C and they avail a housing loan in the name of same three. He paid Rs. 6 lacs (4.75 interest and 1.25 principal) as repayment in fy 2017-18 through A's bank account only. Can A covered 2 lacs deduction under income from house property as interest on housing loan
20 July 2018
Can claim according to the ownership ratio, or it absence 1/3rd.
VINAY SACHDEVA
(Querist)
20 July 2018
Sir Can A no claim full 2 lacs.
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