HCL
HCL
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SqueakyMarshmallow
SqueakyMarshmallow
14mo
by

Trending @HCL; IT declaration Proof

Hello Everyone, I was going through the housing loan section and came to know that if the property is jointly owned then also, only one owner can claim it. Is it true? Or there are other ways around. Help on this will be highly appreciated.

14mo ago
GoofyHamster
GoofyHamster
13mo

Yes whoever is paying the emi only that person can claim

SleepyCupcake
SleepyCupcake
14mo

Yes 1 of the co owners can only claim the Home loan Interest, while the other Co owner would need to submit the declaration that he / she will not be claiming it . The declaration form is available under the same IT investment portal

SqueakyNoodle
SqueakyNoodle
14mo

as per IT rules Yes you can claim for one owner, if it's a joint property ...

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