Principal paid of home loan 80c

If the loan is taken by any parent for cusntruction of home and it is loan intrest and pricipal is paid by one of his child , can he claim 80ee intrest and pricipal on 80c , or only the parent can claim it?
Replies (3)
Quick Summary
This discussion explores tax deductions for home loan payments made by a child on a property owned by their parent. Specifically, it questions whether the child can claim deductions under Section 80C for principal repayment and Section 80EE for interest, or if only the parent, as the property owner, is eligible. The consensus leans towards the owner being the only one able to claim these benefits, subject to specific conditions.

Claim allowable subject to conditions

ALLOWED 

What condition.. i think the child paying is not alwoed for child but only the owner of the property

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details