Deduction under sec 24b and 80c

This discussion explores tax deductions for a jointly owned property where the wife paid stamp duty and registration, but the husband pays the entire EMI. It clarifies that the husband is eligible for deductions under Section 24b for home loan interest, even if the property is in his wife's name, citing relevant case law. The eligibility for Section 80c deductions (like stamp duty and registration) is discussed, suggesting a potential 50/50 split if the husband is a co-owner, or full claim by the wife if she's the sole owner filing taxes.