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Benefit of building loan interest & installment payment

Income Tax - Started By: - S.C. WADHWA - Dated:- 7-4-2016 Last Replied Date:- 7-4-2016 - Dear Expert, One employee has purchased a house jointly with his wife after getting loan from bank. both are paying 50% of bank interest and 50% loan repayment i .....

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r return of income. She will also include rental income after 30% abatement in her income. Please give your expert reply. Regards, WADHWA - Reply By Ganeshan Kalyani - The Reply = Sir, both husband and wife will be able to claim the loan payment equa .....

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