If the home loan is jointly - If husband is claiming the interest amount only can the wife claim only principal amount.
Menu
Housing property
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 !
Recent Threads
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
Related Threads
CAclubindia
