Deduction on housing loan

No, deduction can be claimed only by the person who owns the house and borrows the loan simultaneously.

Dear Satish,

No, father cannot claim the deduction of interest in such case but if father is co--loan owner then he can claim the deduction

Originally posted by : Satish Chundi

Can deduction for housing loan be claimed by father when the loan is on son's name.

Father has to be owner (or co owner)of the house as well as borrower(or co borrower) to claim any deduction .

Thank you all.