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
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Home loan tax benefit for coapplicant
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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.
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