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Interest paid on housing loan

This query is : Resolved 
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(Querist)
15 July 2015 A person has taken a housing loan as a co applicant but he has no share in property. Can he take benefit of interest amount?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
15 July 2015 no. you need to be the owner of the property to claim the benefit.
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CA. SHIVA SHANKARA R. SHETTY

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CA. SHIVA SHANKARA R. SHETTY (Expert)
15 July 2015 He cannot take benefit of interest amount
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Navin Bhatt

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Navin Bhatt (Querist)
19 July 2015 Thanks. Regards Navin Bhatt
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