Please Help: interest on housing loan
Posted Date : 16-Feb-2012 , 12:40:30 pm | Posted By vipin
housing loan is in joint name ,,whether they will get benefit of 1.5 lakh each or single limit of 1.5 lakh in ownership ratio
Category : Income Tax | Answers : 4 | Comments : 4 | Hits : 240
Answers
Answer By: CA Gaurav Kumar Agarwal
benefit of rs. 1.5 lac to each person
Answer By: Rishabh Upadhyay
Interest on housing loan will be divided into ownership ratio and benefit of 1.5 lack will be available in full to both the owners
Answer By: Ketan Samdani
The benefit of interest on housing loan will be available to each joint holder to the extent of Rs. 1.5 lakhs.
Answer By: Rambabu Senkarasetti
1.5 lakhs to each person
Comments
JEET REWRI
16-Feb-2012 , 04:06:21 pmEach Person will be entitled benefit of 1.50 lakh
vipin
16-Feb-2012 , 09:04:12 pmr u sure
PANKAJ BANSAL
17-Feb-2012 , 03:26:41 pmYes both can take the benifit
Ketan Samdani
22-Feb-2012 , 04:36:26 pmThe benefit of Rs. 1.5 lakh will be available to each co-owner.