Tax Benefit of Home Loan taken by Wife

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  1. PRAKASH PRAJAPATI

    PRAKASH PRAJAPATI New Member

    I am buying a flat on joint name of my wife and me, so we applied for loanfor jointly and loan sanctioned on name of my wife, my wife is housewife and i am salaried person but EMI pay on name of my wife, so i can take interest in tax benefit.
     
  2. Amit Sahni

    Amit Sahni Active Member

    Yes, you can claim deduction for the total interest that is being paid by you.
     
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