Dear Sir,
My wife and me jointly taken housing loan but property is in my name.
she is also income tax assessee. can she claim housing loan interest and principal half amount. another half amount I will calim as deduction under my total income?
Please suggest me.
Thanks / regards,
Suresh Chandra.
dear suresh i think the property is also needed to be in joint name for claiming deduction. in this case only u can claim inetrest deduction.
regards
tarun rustagi
As the property is only on ur name only u can claim the Deductions
agree with the comments
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