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HBL INTEREST sharing

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1 Points Joined June 2021
can 80%-20%,100%-0% etc sharing be possible for an applicant and his spouse (co-applicant)
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On 07 June 2021 at 22:21 Report
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Chartered Accountant
5010 Points Joined March 2020

The share of deduction will depend upon the share in the property. If the share in the property is 50:50 then the HBL deduction shall also be distributed equally.

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On 07 June 2021 at 22:44
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Chartered Accountant
24588 Points Joined November 2019
Yes deduction is available as per share of applicants
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On 08 June 2021 at 09:42
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tax consultant
3306 Points Joined October 2018
If the liability of co-borrowers is not ascertainable from loan agreement then you may apportion interest expense as per your mutual understanding
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On 08 June 2021 at 14:03

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