Rebate on home loan interest and principle paid
This query is : Resolved
20 December 2014
sir,
amongst two borrowrs (applicant and co applicant) who enjoys the tax benefit if both are paying the loan installments
amongst two borrowrs (applicant and co applicant) who enjoys the tax benefit if both are paying the loan installments
21 December 2014
Yes both are eligible for deduction for Interest under section 23(b) as well principle amount under section 80c
22 December 2014
YES BOTH TAKE THE BENEFIT IF THEY CO OWNER AND PAY THE EQUAL AMOUNT OF INSTALLMENT.
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