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Regarding claim of repayment of loan n interest on housing loan

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(Querist)
19 February 2017 Sir, I have a self-occupied flat which is in the name of my father, but now since he has winded up his business. I am paying the loan.I am a salaried employee. But can i claim the same because I m neither a borrower nor an owner??
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Ruchi

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Ruchi (Expert)
19 February 2017 No, you cannot claim deduction on loan repayments . To claim deduction you should be owner as well as borrower.
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