Housing loan interest exemption

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85 Points Posted on 05 February 2021
A is the land owner. B spouse of A availed housing loan since B is salaried employee. please clarify whether B claim housing loan interest exemption
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On 05 February 2021 at 20:45 Report
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Quick Summary
This discussion explores whether a salaried employee can claim an exemption on housing loan interest when the property is owned by their spouse. While one perspective suggests the loan taker can claim the exemption, another argues that since the property belongs to the spouse, the loan taker is ineligible for the interest exemption.

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Chartered Accountant
24588 Points Posted on 05 February 2021
Yes B can claim as she availed loan
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On 05 February 2021 at 22:19
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17269 Points Posted on 06 February 2021
As the property belongs to A , B won't get housing loan interest exemption.
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On 06 February 2021 at 10:21

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