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Interest on housing loan (FY 2022-23)

This query is : Resolved 
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(Querist)
26 July 2023 Can assessee claim interest on housing loan, if the property is gifted to married daughter (it is on her name) and assessee is the borrower and emi payments are made by him? Kindly resolve

Thanks in Advance.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
26 July 2023 No. He should be owner/co-owner of HP and borrower of loan to claim the rebate.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
13 September 2024 Good luck.
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