Deduction under section 24b

Rajnish Agrahari (26 Points)

17 March 2023  
Suppose a person bought a house property in the name of his wife. For such a purchase he took a loan in joint name, making his wife co-borrower. The husband pays monthly EMIs, can he claim deduction on interest of loan u/s 24 b? If yes, please quote the guidelines or relevant case law, if any.