Eligibility of tax rebate

136 views 2 replies

What will be the eligibility of tax

rebate if a son repays the loan which is in the name of mother ,a housewife

Replies (2)

If Business/ personal loan:The son will not be eligible for a deduction as the loan repaid is on behalf of mother. It will be like a gift to mother.

If housing loan: Not eligible as the house is not owned by him

If Business/ personal loan:The son will not be eligible for a deduction as the loan repaid is on behalf of mother. It will be like a gift to mother.

If housing loan: Not eligible as the house is not owned by him

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details