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income tax benefit as a home loan coapplicant
Is there any income tax benefit for the home loan coapplicant who is not the owner of the property. the relation with the owner is in blood relation.
Replies (2)
No........... the benefit is available to co-borrower, provided he is also (co)owner of House property.
No....
Benefits to Only owner of the Property. Also get benefits if co-owner and he/she paid the loan...
Benefits to Only owner of the Property. Also get benefits if co-owner and he/she paid the loan...
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