Home loan query
Abhishek Selvam O (374 Points)
29 October 2020
Husband and wife are owners of the property and avail bank loan under whose name will they give loan?
3 Replies
ayusmita
(Tax consultant)
(5890 Points)
Replied 30 October 2020
If both are filling return then it will be divided among them equally so any one
other wise tecnically the first holder if one is filling return
and if husband is only earning and loan is in his name and wife is not filling return then while filling return husband took the credit
other wise tecnically the first holder if one is filling return
and if husband is only earning and loan is in his name and wife is not filling return then while filling return husband took the credit
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