Housing loan treatment

Tax planning 517 views 1 replies

Good evening to caclub family ,

        ownership of the Plot in the in name  of father , but housing loan in the name  of the son , he(SON) is a salaried employee.if he(SON) have any posibility to claime deduction under section 24 and 80EE . Son is let out this property & getting some rent , please explaiN provisions relating to claim deduction in the name of son.

thanx & regards

 P V RAM .

Replies (1)

As per Income from House property, owner need to show the income & claim deduction u/s.24b


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