If house registered wife name and home loan on kya name.
In this condition deduction on home loan interest allowed or not
Wife is house wife non earning
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Interest on home loan
Replies (7)
Only owner/co-owner of the house property can claim the home loan interest deduction.
Yes, you can claim income tax rebate on Home Loan. If the house is registered only on your wife’s name, then it is not possible. But, if you and your wife are co-owners of the house as well as co-applicants of Home Loan, then you will surely get tax rebate.
hope you co-owner as well ;-)
hope you co-owner as well ;-)
As a deemed owner it is possible to get interest deduction
How can someone be declared Deemed owner 🙃
When house transfer to spouse without any consideration then as per rule deemed owner
@ manoj could you please mention the proviso under IT for that ☺️
thank you and congratulations
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