Related to loan and deductions

This discussion explores whether a husband can claim tax deductions for home loan principal and interest payments when the property is in his wife's name, but he is paying the EMIs. While generally deductions are linked to ownership, there's a consideration for co-ownership. The consensus leans towards the husband being eligible for deductions under Section 80C for principal repayment and Section 24(b) for interest, especially if he is a co-owner or has contributed to the loan.