Income from House Property

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4 Points Posted on 22 March 2021
Can a taxpayer claim tax benefits under section Sec 24 (b) for a property owned by the spouse.
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On 22 March 2021 at 19:07 Report
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This discussion clarifies tax benefits for income from house property, specifically concerning properties owned by a spouse. Generally, you can only claim tax benefits if the property is owned by the assessee. However, if clubbing provisions apply, you may still be able to claim interest deductions even if the house is in your spouse's name.

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Chartered Accountant
24588 Points Posted on 22 March 2021
Yes interest can be claimed
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On 22 March 2021 at 21:50
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ARTICLES
190 Points Posted on 22 March 2021
Property should be owned by assessee . Incase clubbing provision apply then only you can claim interest even house in the name of spouse
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On 22 March 2021 at 22:35

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