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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
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