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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)
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.
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