Query

448 views 1 replies

Hello,

My Dad purchased a House Property in the name of himself and my Mom (jointly).

Housing Loan is taken in the joint name of my Dad and Mom.

Interest and Instalment is paid completely by my Dad.

deduction of Interest is available to my Dad completely or partially because loan is in the joint name...

can my Mom claim the deduction though she dun pays any interest or instalment??

Replies (1)

No your Mother cannot claim the deduction as she here self is not paying the interest.

 

Regards,

Devendra

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