Joint home loan
This query is : Resolved
Shubham Jain
(Querist)
16 January 2017
Sir,
My uncle and aunty takes a joint home loan my aunty share in loan is 50:50 and in house my aunty share is 60 amount of principal amount repyment is 65000 during the year.
My aunty is a teacher and wants to claim benefit of house loan repayment.
How this calculation can be made.
Can she claim full amount of repayment?
CA Suresh Jain
(Expert)
16 January 2017
No, she can claim only 50% of the repayment and 50% of interest
Shubham Jain
(Querist)
20 January 2017
But in home ownership share is 60:40
02 August 2024
https://docs.google.com/document/d/14Bp2Cge_4gHudWiwE-KaU1Ex0pQmlKOVvyl0gydHGJQ/edit?usp=sharing
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