Home Loan Query

Dear Sivaram

u r rite in case both properties are self occupied but if assessee has actually let out Mumbai property then only Indore property can be claimed as self occupied..

Regarding Insurance u r bang on..

Thank U Mr Amir for giving your valuable reply

dear sir,

i am perches new house and i am the single onwer of that house  but while taking loan my father was co applecant  and now i got provisional certificate from bank of name me & my father. thats the reason i got only 50 % tax benit on loan. can i avail 100 % tax benifit. on other hand  my father is not availing any tax benifit for same property. plese suggest

if you are paying full EMI from your account than visit to your bank branch and you can request to bank manager that remover com applicant and add your father name as guarantee….

dear sir,

i am perches new house and i am the single onwer of that house  but while taking loan my father was co applecant  and now i got provisional certificate from bank of name me & my father. thats the reason i got only 50 % tax benit on loan. can i avail 100 % tax benifit. on other hand  my father is not availing any tax benifit for same property. is their any clause to availe 100% tax benifit

bank is not ready to do any changes,they say their is clause according to that if ur father is not availing any tax benifit than u can avail 100% tax benifit.plese told me regarding clause

Yes if your father is not taking any deduction of interest than you can take 100 % deduction… 

what is the procedure do same, can u suggest clause for that