Rent from house property

Chetan Uberoi (Global Director) (48 Points)

23 November 2010  

Hi,

Can the rent be split between the joint owners(spouse) even  if the property is purchased or built on the investment of one of the owners  in India? Both the owners will pay their taxes accordingly!

Also, can one owner who has taken the loan claim interest benefit on the housing loan??

 

Regards

 

Chetan