Interest of house loan if property reg. in name of wife

property reg. in name of wife but fund use for purchasing property given by husband. now to build house take home loan from bank in the name of wife but emi paid by the husband. so can husband take deduction interest amount in house property income or not
Replies (4)
Quick Summary
If a property is registered in a wife's name, but the husband finances the purchase and pays the home loan EMIs, can he claim tax deductions on the interest paid? Generally, tax deductions for home loan interest are only available to the legal owner of the property. Therefore, the husband cannot claim a deduction if he is neither a co-owner nor the sole owner. However, if the property is jointly owned, the situation may differ.

Yes husband can claim deduction on interest.. upto 200000 rupees in case of self occupied property
Only if, if there is joint ownership
Not jointownership
If the husband is neither a co-owner nor an owner of the property, then he cannot avail deductions on account of interest on loan.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details