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Sec 24b

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(Querist)
13 March 2015 If a joint home loan is taken, then can both claim 100% Deduction of inteest u/s 24b and proncipal repayment u/s 80c
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
13 March 2015 Yes but only if both are also joint owners of property.
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Deepti Asawa

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Deepti Asawa (Expert)
13 March 2015 http://taxguru.in/income-tax/tax-benefits-home-loan-joint-names.html
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NEHA KANORIA

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NEHA KANORIA (Querist)
13 March 2015 means suppose if total interest payment is Rs. 1.5lakh and A & B are 50:50 ratio, then how much can each claim?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
13 March 2015 to the extent they ppaid home loan subject to 1.50 lakhs indivdually
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