when housing loan is taken and property is registered under wife name can husband can claim housing loan interest and prinicple payment as exemption under his income
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housing loan interest
Replies (3)
not deductibl
The principle part deduction U/s 80 C will be given only if the loan is taken by the assesse.
While, on the interest part, if the income from the house property is computed under the name of the wife,then deduction cannot be claimed by the husband.
husband can claim the deduction if the income from the house property is computed under his name
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