Repayment of housing loan
This query is : Resolved
18 December 2014
hlo freinds, if a person has taken a housing loan but repayments of housing loan are made by his son then whether his son can claim ded u/s 80c for principle amount and u/s 24 for interest amount.
18 December 2014
His son can not claim deduction u/s 80c and u/s 24 for loan taken by father.
Father can receive gift from son and make repayments to avail the benefits.
Father can receive gift from son and make repayments to avail the benefits.
18 December 2014
his son cannot take deduction or rebate u/s 24 and 80C. due to owner have to pay the installment.
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