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...)
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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
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