Hi, My mother has taken a home loan in her name. but the EMI are paying me. So my doubt is can I claim the deduction under sec 80 C and 24 B?
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Quick Summary
This discussion clarifies whether an individual can claim tax deductions under Section 80C and 24B for home loan EMIs they are paying, even if the loan is in their mother's name. The consensus is that you cannot claim these deductions as you are not the official borrower of the loan.