Interest on House Property - Section 24(b)

[JainPal Jain]

Dear All,

The property is in the name of Wife and EMI of Housing Loan is being paid by Husband. Please explain with reference to case laws that whether Husband is eligible for deduction of Interest on House property. Thanks & Regards

AI Summary

Husband can claim housing loan interest deduction even if property is in wife's name, pays EMI. Case law needed. A query was raised regarding the eligibility of a husband to claim a deduction on interest for a housing loan when the property is in the wife's name, but the husband pays the EMI. One respondent confirmed that the husband could claim the deduction. The original poster thanked the respondent and requested references to any relevant case law to support this claim.