Housing property

Tax planning 386 views 7 replies

If the home loan is jointly - If husband is claiming the interest amount only can the wife claim only principal amount.

Replies (7)

no it can not be

read following answer
Each applicants can claim interest upto 2 lakh and principal upto 1.5
No, both of them 50% interest and principal can claim

No you can not do so, the interest and principal should be treated in the same lines and allocated as per the agreement.

this is right answer

No, If there is an agreement between him and his wife then both are doing as per their agreement otherwise both of them can claim 50% of principal and Interst amount !


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