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Section 24 b, is it mandatory to be a coowner of house property to claim the interest deduction.
I have a confusion in section 24 b, is it mandatory to be a coowner of house property to claim the interest deduction.
Replies (2)
24 b interest deduction is available only to the owner of the property or to all Co- owners of the property
Not mandatory....but other coowner can claim only their percentage of share
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