We have a house loan co owner
With 50-50%
We take the loan in oct 2018
I want to ask if we pay principal up 3 lack rs up to march
Then what we can take 1.5lack deduction under 80c
From each cowner
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can we take the deduction
Replies (2)
Yes
yes both the owners can claim deduction of 2L each for interest component (if self occupied) and 1.5 L each for principal component
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