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Claim of Deduction u/s 80c and 24, Income Tax

Issue Id: - 939
Dated: 29-10-2008
By:- HARJIT GARG

Claim of Deduction u/s 80c and 24


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A new house purchased in the name of wife who is also employed, whereas housing loan is taken in the name of husband. Whether deductions u/s 80C and 24 can be claimed by wife or husband or it can be shared between both ?

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1 Dated: 15-11-2008
By:- Surender Gupta

The husband is not entitled to avail benefit of deduction u/s 80C / 24 where the property is purchased in the name of his wife.


Page: 1

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