Hi Experts
A father and mother both together making housing loan EMI and they are not filing the IT return because they are below the slab
and his son is getting some salary
shall we claim the 24b and 80 C for the son
(The house property is being in the name of Father)
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House property Tax
Replies (3)
No you can't take the benefits of 24b as house property is in the name of father
However son can claim the deduction of 80c if his income is more than basic tax limit
However son can claim the deduction of 80c if his income is more than basic tax limit
no since he is not owner ..
Thank you all...
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