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exemption for co-owner of self occupied property

Others 333 views 3 replies
hi... just wanted to know if the self occupied house is owned by husband and wife and the housing loan is also in the name if both the persons... and if life is not filling return and not claiming exemption of interest and principle then whether husband is eligible for the entire amount of interest and principle subject to limit of 80C and section 24.. pls
Replies (3)
deduction of sec 80C and deduction of Interest of sec 23 should be claim by each of them.. in the ratio of area owned by them...
husband cannot claim, since ownership and loan are in the name of both
you can file return of your wife and carry forward house property loss in view of interest on housing loan


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