Income tax for joint ownership of properties

Tax queries 114 views 1 replies

Hi,

I have a house in name of both, me & my wife. However home loan repayment goes from my income. Also purchase of property is done from my income. I have one more house in my wife's name. She is single owner.

while filing return for me, if I claim 100% ownership of joint house and take all the tax benifits.

Then in that case how i show it in wife's income tax return and how to consider wife's second house property where she is sole owner?

 

Thanks in advance.

Mahesh

Replies (1)

Whether any of the house property is rented?


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