emi benefit

son is the primary applicant and mother is co applicant for a loan taken to buy a house property. however the house is only in mothers name and all the emi is being paid by son. can he claim the benefits of emi Under section 80c and 24.
thank you
Replies (2)

No , A borrower can take deduction only when he owns the property.

your name should be in agreement. PL re-check
usually bank gives loan to direct owner

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