FOR EXAMPLE I PUCHASE ONE HOUSE IN THE NAME OF MY WIFE. FOR THIS PURPOSE I TAKE HOME LAON. IN HOME LAON I AM CO-BORROWER BUT I AM NOT CO-OWNER OF THE HOUSE.HOUSE IS 100% IN NAME OF MY WIFE. ALL THE EMIS OF THE HOME LOAN PAID BY ME FROM MY BANK ACCOUNT WHICH IS NOT A JOINT ACCOUNT.
PLEASE GIUDE ME HOW CAN I TAKE DEDUCTION OF HOME LAON INTEREST, BECAUSE MY WIFE HAVE NOT ANY INCOME.
Menu
HOME LAON INTEREST DEDUCTION
Replies (1)
Your wife cannot claim deduction
Recent Topics :
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
Related Topics :
CAclubindia
