Interest u/s 24 (b)
This query is : Resolved
MANJUNATHA M.R
(Querist)
16 June 2014
Dear Experts the property was in the name of Father. The Housing Loan availed in the name of Daughter. Subsequently she claimed the interest u/s 24(b) She is only Co Applicant. Please guide me Thanks in advance.
16 June 2014
no the owner and the loan taker should be same else no deduction is allowed u/s 24(b)
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Rupesh Jain
(Expert)
20 June 2014
deduction not allowed to daughter .
due to she is not the owner of house.
due to she is not the owner of house.
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