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home loan repayment


Naresh Khanduri   21 July 2019

Naresh Khanduri

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

Kalyani (Chartered Accountant)     21 July 2019

Kalyani
Chartered Accountant 
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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.

Kalyani (Chartered Accountant)     21 July 2019

Kalyani
Chartered Accountant 
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Same applies to Interest .


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