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Deduction for interest and pricipal repayment on home loan

Income Tax - Started By: - Bijay Shrestha - Dated:- 26-11-2016 Last Replied Date:- 29-11-2016 - Dear Friends, Three co-owners (also co-applicants) took home loan (share of each co-owner may or may not be there) but entire EMI was paid only by one Co-owner from his own account. Now 1. Can all co-owners claim Interest & Principal Repayment deduction individually subject the limit provided in IT Act, in their IT Return? .2. Can only paying co-owner claim deduction ? if yes, he can claim full de .....

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