Home loan tax deduction

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Hi Pankaj,

Thank u so much for clear explanation on tax calculation. I need some clarification, I got home & loan for it on my name, can my husband claim this for his tax deduction? Is there any possibility for it.

Regards, Meena.

1 Answers

Unfortunately to avail benefit of tax deduction on home one need to be a co-owner as well as co-borrower.

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