How to Take Interest deduction

This discussion explores how to claim interest deductions on a housing loan for a jointly owned property. The user has a joint housing loan with their mother, where the mother is the primary account holder and the loan is disbursed into a joint account. The EMI is debited from the user's account, and their ITR is used for repayment. The core question is whether the user can claim a full or 50% deduction on the interest paid, as the property and loan are in both names. The advice provided states that interest deduction is based on property ownership; if jointly owned, each owner can typically claim 50% of the deduction.