Taxation of house property held jointly

This query is : Resolved 

21 March 2014 A house property is held jointly by husband and wife.. Can they both claim interest on loan due up to 1,50,000 EACH?

21 March 2014 yes allowed in this case if loan is taken sep.

21 March 2014 if the loan is also taken jointly, can each claim interest to a limit of 1,50,000?

21 March 2014 but then if int is paid sep from their individual income then its allowed

01 April 2014 THANK YOU VERY MUCH SIR..

03 April 2014 you are welcome Joseph joy.........................


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