Husband is eligible for Deduction u/s 24 for the property owned by wife.

Due to clubbing of income under income tax act, he will be deemed owner of the house, and as such all the income with deductions, if any; will be declared in the ITR of husband only.

As such he can claim the interest deduction if he pays EMI himself..

Only problem is ITO may not accept it.

First clarify how the payment was made, through husband's bank account or through wife's bank account.

Though husband purchased the house in name of wife, as he financed it he becomes the owner of the house, The income from the house property should be declared in Husband's ITR, as such he can claim the deduction u/s. 24 of the act.

The problem is ITO may not allow it as the property is JUST in the name of his wife.

No case law, its simple interpretation of the section/s as per IT act.

Under certain conditions.... YES.

The Income Tax Appellate Tribunal, Delhi, recently ruled that House Rent Allowance (HRA) exemption under the Income-Tax (I-T) Act, 1961 cannot be denied on the ground that the assessee paid rent to his spouse. The ruling said that the wife is a doctor who possesses the resources to purchase a house, as is apparent from her income-tax return.

If someone‘s wife is earning and the house is solely owned by her then he is entitled to get HRA exemption, if paying rent on a monthly basis and getting receipts. But, in case his wife is not earning, then he can’t claim this provision since the incomes of the husband and wife would then get clubbed.