Dear Experts,
Let us say there are couple named Mr. X and Mrs. X. For example, if Mr. X owns a house property registered in his name and the housing loan is also in the name of Mr. X, however the interest on housing loan is repayed by Mrs. X out of the earned by her.
Then who can claim deduction under section 24(b) on this payment i.e Mr. X or Mrs. X. ??
Thanks and Regards,
Dhrunil Bhatt
Dear Friend,
In your case, Mr. X is the owner of the house property and also loan in the name of Mr. X
. Hence, only Mr. X can claim deduction u/s 24(b).
Thanks a lot ..... :)
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