Related to house property
This query is : Resolved
Rajesh Nagda
(Querist)
08 July 2014
Dear Sir/Madam,
I have invested in House property in my mother's name and she is dependent.
If loan is Re-Paid by me, Than Shall I get deduction of Interest u/s 24 in my Income tax return or not?
Thanks in advance
I have invested in House property in my mother's name and she is dependent.
If loan is Re-Paid by me, Than Shall I get deduction of Interest u/s 24 in my Income tax return or not?
Thanks in advance
Deepti Asawa
(Expert)
08 July 2014
No,you can not get deduction
Rupesh Jain
(Expert)
08 July 2014
no you cannot take the deduction u/s 24(b)
11 July 2014
for availing deduction u/s 24 (b) u need to take loan in ur name, hence here its not allowed.
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