Answers On Topic: Section 24b
If house property is purchase in name of my mother(100% owner) and loan for purchase consideration is borrowed by me(son) , the sole borrower, how can i claim deduction of home loan interest u/s 24(b) of income tax act? And if stamp duty is also paid by me(son) , how can i claim deduction u/s 80C ?
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If joint loan is taken by husband and wife. But wife is the sole owner of the house. Whether both can take the deduction of Section 24(b) and Section 80C or only one will be able to take the deduction?
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