Menu
HBL INTEREST sharing
can 80%-20%,100%-0% etc sharing be possible for an applicant and his spouse (co-applicant)
Replies (3)
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
Recent Topic
- Startup exit in Sept 2025: Can I still save LTCG t
- Need advice
- GST registration
- Tax Refund timeline
- Is Form 10E applicable for Notice Pay received in
- INCOME RECEIVED FROM COMPANY FOR ELECTRIC POLLS
- ITR Processing By CPC Now Super Fast - Much apprec
- Abroad Jobs
- Professional Income in 44AD
- Presumptive taxation
Related Topics
CAclubindia
