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HBL INTEREST sharing
can 80%-20%,100%-0% etc sharing be possible for an applicant and his spouse (co-applicant)
Replies (3)
Quick Summary
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.
Yes deduction is available as per share of applicants
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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