A & his wife are joint owners (shares not determinate) of a house property (deemed to be let out)
2. Loan for the same is taken jointly by A & B
3. Repayment of the loan is done from joint account of A.
And A is demanding full deduction upto Rs. 100000/- u/s 80C & Rs. 150000/- u/s 24
Where as his wife is also working with other company
So, pls let me know that how to give deduction to Mr. A
Dear Saleemudin,
the deduction of the loan will be depend on certain conitions. please write me your full problem in my mail sothat i can help you. my email id is sachinagarwalcallb @ gmail.com
HI ALL,
Plz update the ans to the query on the site.
K R Kiran Kumar & Associates
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