Repayment of housing loan

Tax queries 362 views 1 replies
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article clerk - CA pcc 1st grp cleared
80 Points Joined September 2009

HI .

Can repayment of housing loan taken in the name of spouse of the individual can be claimed as deduction u/s 80C while computing the total income of the individual???

say for e.g If housing loan s taken in the name of Mrs .X ,.....Can the principal repayment of loan can be claimed as deduction by Mr.X.?????????

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On 08 June 2010 at 15:39 Report
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Accounts Manager - Taxation
1771 Points Joined April 2009

I think if instalments are paid from the account of Mr. S then deduction is allowed, let's see others view.

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On 08 June 2010 at 17:08


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