TMI BlogBenefit of house loan - Property in joint nameX X X X Extracts X X X X X X X X Extracts X X X X ..... if a house is brought by husband wife in joint name, but housing loan is taken by husband in his own name repayment of loan is made by his bank account only , then benefit of repayment of Principa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l int shall allow only to husband or to both husband wife. - Reply By Surender Gupta - The Reply = If there is no repayment, there is no deduction. In you case, repayment of loan is being made b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y husband. Therefore, wife is not eligible for deduction. - Benefit of house loan - Property in joint name - Query Started By: - vikas mittar Dated:- 30-1-2008 Income Tax - Got 1 Reply - Income Tax - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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