Menu
Intrest on house loans
Dear sir
We are planning to obtain housing loan from nationalised bank, wherein myself and my father are joint borrowers as such father owns property and i am repaying it.
In this context may i eligible to claim 100% interrst u/s 24(b) ?
Plz note my father is not tax paying assesse...
Plz clarify.....
Thanks
Mahendra BH
Replies (1)
hey hi
since you are not the owner of the property you wont be able to claim exemption ..
thx
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
