INTEREST PAID TO HOUSING LOAN
This query is : Resolved
16 April 2021
MR.A BROUGHT A HOUSING LOAN FROM BANK. BUT PROPERTY IN THE NAME OF HIS WIFE.MR.A REPAYMENT AND INTEREST IN HIS OWN BUSINESS.
MY QUERY IS
1) INTEREST CHARGED IN P/L A/C IT IS CORRECT
2) MR A WIFE NOT CLAIMED FOR .INTEREST AND REPAYMENT IN HOUSE PROPERTY INCOME AND DEDUCTION
THANKS
MY QUERY IS
1) INTEREST CHARGED IN P/L A/C IT IS CORRECT
2) MR A WIFE NOT CLAIMED FOR .INTEREST AND REPAYMENT IN HOUSE PROPERTY INCOME AND DEDUCTION
THANKS
17 April 2021
1 Not correct.
2 Wife can't claim as the loan is not in her name.
2 Wife can't claim as the loan is not in her name.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Surcharge on pvt discretionary trust
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
