for claiming the tax benefits on the property:
1. You must be a co-owner in the property
2. You must be a co-borrower for the loan.
Else you can not eligible to claim income from house property.
is the the rent also going to be split between the 2? also will it be in ratio or who is paying the emi?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
