Deduction u/s 24b - Interest on home loan

Suppose home loan is taken under the name of son, father and mother and EMI is paid only by father. Can son and mother claim deduction of interest on loan?

Thanks
Replies (2)
Quick Summary
This discussion explores whether a son and mother can claim a deduction for home loan interest when the loan is in their names, but only the father pays the Equated Monthly Instalments (EMIs). The initial response suggests that eligibility for deduction depends on specific case details, prompting a need for further information to provide a definitive answer.

It depends on case to case basis. need some more information for the same.

What details do you require

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details