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Housing loan int share
Sir me and husband both are joined owners of my house property.we took loan in lic hfl with his cader loan.shall i show the entry upto 2lacs for tax or I shall show 50% share of interest
Replies (3)
Quick Summary
You can claim only your part of share on loan amount by looking into share of ownership.
Only 50% or proportionate share of co applicants can be claimed..
If your spouse has no taxable income then you may consider upto 2lacs with the supporting of case laws
If your spouse has no taxable income then you may consider upto 2lacs with the supporting of case laws
% As per loan application may be claimed without ambiguity
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