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Housing loan deduction - parent house
can i get a deduction or tax benefit for paying off the EMIs of house owned by my parents??
Replies (3)
Quick Summary
No, Not eligible
Agree with Prathyusha. Since you are not the owner, you will not be able to avail such deductions.
You should be the owner, loan should be on your name and has to pay by you then you are eligible Vinit.
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