if i buy a house using my funds and put it in my mothers name.
then can i claim tax exemption?
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House bought but in mothers name?
Replies (3)
No... you can't claim exemption.
If i later put it in my name .can i claim exemption then.if i show source of funds
To claim tax benefit , you must be the owner of house.
But what tax benefits you want to take bcoz you said house buying using own funds.
But what tax benefits you want to take bcoz you said house buying using own funds.
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