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House Loan payment deduction
if purchase deed in the name of parents but loan given by the bank parents and son. can son claim deductions in section 80c for repayment and interest
Replies (3)
Quick Summary
Only the owners can claim such deductions in their ITR.
It is better that you pay these instalments from their bank accounts only.
No son cannot claim
Son can not claim as purchase deed is not in his name
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