Housing Loan benefit

Tax queries 415 views 1 replies

An employee purchase a house in the name of his wife. They both take a joint loan in a bank. The wife is not earning any income. The husband alone earns and he will repay the loan amount. Can he be eligible for any IT benefit

Replies (1)

hey he should get benefit for loan in house property.. but not full amount only his part of house in your case i.e. 50%


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