my uncle is owing a house and paying housing loan.
now he gifted the property on me.
can I now claim the housing loan interest from the date of transfer, because the ownership is transferred.
please advise
It seems the house is not registered in your name, As without closure of the home loan, it cannot be transferred.
If bank has approved the loan to be transferred in your name, go ahead, no issue.
T R SOOD & CO
New Delhi
CA Inter
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