I and my spouse jointly own a house in the city, where I work. We purchased this house in 2011 after raising loan from bank. Since my spouse don't have any income, I am paying emi and claiming full interest rebate.
Now I wish to claim hra rebate by paying rent for this house to my spouse. I also wish to claim half of the interest rebate.
Is this permitted in law and if yes, what action is to be initiated.
Regs Narinder
