Housing Loan Interest benifit in Income Tax

Share This Thread
  1. siddhartha pandey

    siddhartha pandey New Member


    My wisfe is the owner and home loan is in her name only. From last few years she is not working and i am paying the EMI. Can i get the tax benifit in this case.

    If yes what all document is required for this case.

    VAIBHAV DILIP RANE Active Member

    No, you cant Claim Benefit,
    > Loan is in name of your Spouse,
    > EMIs are being paid from your Spouse Bank A/c.

    Benefit can be avail under section 24, 80C, 80 EE* only if, Housing Loan is in name of Assessee, and Installments are paid from his/her own bank account.
  3. johnsmitchals

    johnsmitchals New Member

    You should go through a Bank they will help you for home loan, currently there are many options in your front because every bank want to offers a Home Loan at 10.5% rate of interest, but for this you need a full documents of your identities and you income proof.

    cash for house
    quick house sale

    Last edited: Mar 5, 2014
Draft saved Draft deleted
Similar Threads Forum Date
Housing Loan Interest Income Tax Apr 14, 2017
Housing Loan and Stamp Duty Income Tax Mar 7, 2017
Availing Tax benefits on Housing Loan Income Tax Mar 6, 2017
Rebate of Housing loan (Principal Amount) under Section 80C. Income Tax Mar 2, 2017
QUERY ON HOUSING LOAN Income Tax Feb 16, 2017