House property purchase

Tax planning 238 views 2 replies

an assessee is co-borrower(along-with his wife) for the housing loan , but the property has been purchased only in the name of wife.whether the assessee can claim the housing loan interest tax deduction(as property value is being disclosed in ITR of wife)?

Replies (2)
Assessee Husband can't claim deduction of housing loan interest
Husband cannot claim deduction of housing loan interest u/s 24(b) of the Income Tax Act 1961.


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