Co borrower claim of Housing loan

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  1. vinnavs

    vinnavs New Member

    I am 56 year and I got the allotment of DDA flat of 70 laks in may name. I am taking loan for 55 lakh with co borrower of my son. Can my son claim Home loan Rebate from income tax .If yes HOW.
     
  2. gaurav_kumar

    gaurav_kumar Well-Known Member

    You can claim deduction for repayment of home loan in the ratio in which the loan has been repaid by you.
     
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