interst on house property


This query is : Resolved 

(Querist)
30 July 2009 whether wife can deduct interest paid on loan taken for HP(ownership with husband)u/s 24

NITIN (Expert)
30 July 2009 Yes but if loans is taken or she is co- borrower and co-owner with husband in such case she is entitle dto deduct interest upto her shares only

30 July 2009 No, unless she is owner or co-owner


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