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.
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