Please let me know if the spouse who is coapplicant in the Home Loan but not owning the property can claim Tax Benefit on Principal/Interest component or not. Property is in husband's name alone but both husband and wife are applicants in the Home Loan. If not by default then is there any workaround like Affidavits/Agreement between both the partners etc
Menu
Home loan tax benefit for coapplicant
Replies (2)
Only the personsho is the owner of the HP can claim the deduction for home loan. No other person even he if he is contributing towards the loan is not eligible.
Watch NDTV Profit online For Latest Board Meetings and Anouncements
At https://www.freetvchannels.in
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
