Can joint owners of a house property, both claim deduction of interest and principal amount repayments under Section 80C (or under any other section)??
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Deduction of interest on housing loan
Replies (4)
Interest u/s 24 & principal u/s 80C
i mean can both joint owners claim the deduction in respect of principal and interest
Both can claim deduction of interest & principal in the proportion to loan taken or the ratio in which property is purchased.
Both can claim deduction of interest & principal in the proportion to loan taken or the ratio in which property is purchased
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