Housing Loan Interest exemption in the name of spouse (house wife) and instalment paid by husband?



Property in the name of housewife. Can the Husband get deductions for housing loan interest?

I have taken housing loan from a bank, myself being an applicant and my wife is a co-applicant. She is housewife. She has no income. While, at the time of Registration of my flat, it was registered in the name of my wife. The repayment of housing loan instament is being paid by me from my own income. Can I claim housing loan intrests benefits, as per income tax benefit?

Housing Loan Interest exemption in the name of spouse (house wife) and instalment paid by husband?
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4 Replies to “Housing Loan Interest exemption in the name of spouse (house wife) and instalment paid by husband?”

  1. Yes. You can claim income tax rebate for your housing loan, since you are co-applicant.
    If you are a salaried person, it will be quite easy.
    If not, you can file your IT returns through any well versed Chartered Accountant.



  2. I have taken housing loan from State Bank of India in the name of My wife and me as a co-applicant. She is housewife. She has no income. While, at the time of loan, it was registered in the name of my wife. The repayment of housing loan installment is being paid by me from my own income. Can I claim housing loan interest benefits, as per income tax benefit?


  3. I have taken housing loan from a bank, myself being an applicant and my wife is a co-applicant. She is housewife. She has no income. While, at the time of Registration of my house, it was registered in the name of my wife. The EMI of housing loan instament is being paid by me from my own income. Can I claim housing loan intrests benefits, as per income tax benefit?





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