Home loan rebate

If you will go through the provison of Sec. 24(b) for deduction of Interst on Housing Loan OR Sec. 80C for deduction of principal amount of housing loan, which states that following criteria should meet for claiming deduction:

Interest on borrowing can be claimed as deduction only by the person who has acquired or constructed the property with borrowed fund.

It is not available to the successor to the property (if the successor has not utilized borrowed funds for acquisition, etc).

In other words, the relationship of borrower and lender must come into existence before it can be said that any amount or any other money is borrowed for the purpose of construction, acquisition, etc., of house property by one person from another and there must be real transaction of borrowing and lending in order to amount to any borrowing.

So in your case, If you & your husband both are joint owner of property and if you both have taken housing loan jointly or seperately, then only you people will get deduction.

Otherwise it is not possible to claim.