Can I claim benefit of EMI paid by me on behalf of my Wife?

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  1. M SENTHIL KUMAR

    M SENTHIL KUMAR New Member

    Dear Sir,

    I have a housing loan of Rs.12 Lakhs in jointly with my spouse name, that loan EMI was paid from my account only. My Spouse is working as a teacher. Whether I am eligible for claiming of housing loan interest exemption in my income tax. The above mentioned property is in my spouse name only.

    M.Senthil Kumar
     
  2. rudrabose

    rudrabose Active Member

    In case the Loan is on the name of the Wife and the EMI is being repaid by the Husband - in such a case the husband is allowed to claim the benefit of income tax deduction.
     
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