Home Loan Exemption

Amara 1
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Hi, we have a home registered on my name and wife's name. But, I am paying 100 EMI amount. My wife is not working and also she is not claiming any exemption. My company HR allowing me to claim 50% benefits. Is there a way to claim 100% benefit by submitting NOC taken from my wife? Is yes, can you provide me a sample NOC for this scenario.

Regards, amara

joint-loan home-loan-interest section-24 home-loan
1 Answers

if you are paying full EMI, you would be eligible to claim full amount.

You can write a simple letter signed by your wife that she is not making payment in this loan and submit to your employer.

If they still not agree, you can show claim while filing income tax return and get refund.

Pankaj Batra5212
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