Tax benifit for EMI's on home loan.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 August 2010
My brother is having home loan from public sector bank. But I have been paying the EMIs for this loan from last one year. I do have all the proofs abt EMI payment between my account and the concerned home loan account.
I am not co-borrower or co-owner. My brother is NOT using the interest/principle repayment for his tax benefit.
Is there any way so that I can use tax benefit on the EMI .
I am not co-borrower or co-owner. My brother is NOT using the interest/principle repayment for his tax benefit.
Is there any way so that I can use tax benefit on the EMI .
VINOD ARORA
(Expert)
05 August 2010
No
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