home loan repayment



if I have purchased house in the name of my wife.... but loan is paid by me... who claim interest deduction... thank
 
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Chartered Accountant

Hi,

If you and your wife are co-owners of the house property, then both of you can claim deduction U/s 80C. If you are not the co-owner, then it is not possible to claim the same.

 
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Chartered Accountant

Same applies to Interest .

 
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