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Tax benefit for co-borrower under Joint Home loan, Income Tax

Issue Id: - 115066
Dated: 13-6-2019
By:- Hari Iyer
Tax benefit for co-borrower under Joint Home loan

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Dear Sir

I have jointly acquired a flat through a joint home loan with my wife as a co-borrower.She is also co-owner of the flat.However, the entire EMI is serviced through my savings account.My query is

Q1. Whether we can claim tax benefit separately for the registration and stamp duty ?

Q2.Since EMI is deducted from my account? whether my wife can also claim tax benefit being the co-owner and co-borrower ?


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