Housing loan

TDS 141 views 6 replies

Dear Sir,

Is it ok if husband claim only interest amount and wife claim only principal amount.

 

Regards

Hema R Iyengar

HR Manager

 

Replies (6)
such type of apportionment is not allowed
such type of apportionment is not allowed
You cant do so .......
Principal - Wife can claim full(upto 150000) if payment was made from her account (80C) and she is owner or joint owner..

But for interest - Can claim respective part if joint ownership OR if it is not the case of joint ownership then the person who is owner can claim interest..
both of u can claim int. up to , 2 lacs maximum each but not more than yr share of prop.
similarly both of u can claim principle repymnt as per.yr share or not claim but no claim of other is allowed pl
i have taken housing loan followed by loan for extension of house .
How much interest rebate I can claim ?


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