Income from house property taxability

Dear all

I have a house property but my father is owner for that, but housing loan is in my name, my father is not even a coapplicant. I am earning income from Said property, now my question is in whose hands such income is taxable either in my hands or my father?
plz suggest
Replies (5)
Quick Summary
This discussion addresses the taxability of income generated from a house property. The core question is whether the income is taxable in the hands of the son, who has taken out the housing loan, or his father, who is the legal owner. The consensus suggests the income is taxable in the son's hands, likely due to the loan being solely in his name and potentially a consent letter allowing him to earn income from the property.

How come bank sanctioned the loan, when you were not owner or co-owner of the house property?

Based on consent letter

Can you give the details of consent letter.

Why I counter questioned? As the answer lies in it!!

Income should be taxable in your hands

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