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interest on loan for house property

This query is : Resolved 
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(Querist)
15 July 2009 house property is in name of wife and home loan is taken in the name of wife.
husband tranfer the fund in his wife account for payment of intallment of loan.
Then wife paid intalment.
Whether husband take the benefit of section 24b in incone tax.
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Abhishek Mohta

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Abhishek Mohta (Expert)
15 July 2009 No husband cannot take any benefit of interest on loan U/s 24(2).

As per the section the owner of the house property can only claim the deductions under this section. So the deduction of interest onloan will be claimed by the wife and not by the husband.
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Ratan Sharma

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Ratan Sharma (Expert)
15 July 2009 Agreed
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CA.Nikhil Gupta

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CA.Nikhil Gupta (Expert)
15 July 2009 Agree with experts.
Husband can not take the benefit in given case.
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