Tax exemption on housing loan
This query is : Resolved
04 May 2014
Dear Sir
My father has taken housing loan for construction of house. The housing property is the name of my father and the construction has been finished.
I am paying all the EMI of the Housing loan from my account.
Can i claim income tax exemption on the housing loan EMI paid from my account.
Rahul Khapne
My father has taken housing loan for construction of house. The housing property is the name of my father and the construction has been finished.
I am paying all the EMI of the Housing loan from my account.
Can i claim income tax exemption on the housing loan EMI paid from my account.
Rahul Khapne
04 May 2014
i dont think so...you could have been eligible to claim deduction if the loan was in your name...
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