Dear Experts,
In financial year: 2018-19,
Assessee have got housing loan at bank as co-borrower (Father & Son).Now how to deduct paid Intetest & principal amount in income tax..?
(Note: Both are filing Income Tax,
Paying repayment is by cash...)
Menu
Housing Loan
Replies (3)
Who's the owner of house property
Both are owners of the property
I think so u can take proportion amount in respect of interest u/s 24 & repayment of principal u/s 80C
Recent Topic
- Which ITR form
- Form 103 id delayed for submission for more than 1
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
Related Topics
CAclubindia
