Income Tax

Share
Share This Thread
  1. M.SURESH PRABHU

    M.SURESH PRABHU New Member

    My mother is having the site in her name. Bank is agreeable to sanction a Home Loan in Joint name of mine and my mother - My name is First. The deduction of instalment for Principal & Interest goes from my account. Whether I Can claim the tax benefits under 80 C
     
  2. rudrabose

    rudrabose Active Member

    Your mother's name has been written on the loan application form only because the property is in her name.

    But as you are repaying the loan, you can claim deductions for the loan repayments.
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Income Tax Return Income Tax Saturday at 9:54 AM
Income Tax on selling of second hand items bougt without bill Income Tax Nov 30, 2017
Income tax exemption on compensation received from nhai Income Tax Nov 30, 2017
What attracts provisions of deemed dividends under Income tax act ? Income Tax Nov 29, 2017
Income Tax Income Tax Nov 26, 2017