Home loan exemption

loan has been sanction in the name of wife(who is housewife) can husband claim home loan interest and principal?
Replies (2)
Quick Summary
This discussion clarifies home loan tax exemptions. If a loan is sanctioned solely in a wife's name, and she is a homemaker, the husband generally cannot claim deductions for interest or principal. To claim deductions, the husband must be listed as a co-borrower on the loan, allowing him to claim a proportionate share of the benefits.

No...
Property owner can be claim such deductions if loan in the name of Owner...
Husband should be added as a co-borrower in which case he can claim the proportionate deduction. Else not possible.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
Featured 07 November 2026
Chartered Accountant

DPV & Associates

Chennai

CA

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details