Tax benefit for co-borrower under Joint Home loan

[Hari Iyer]

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 ?

Thanks

AI Summary

Co-borrower tax deductions: entitlement to stamp duty and loan-interest claims when EMIs paid from the other co-borrower's account. Whether stamp duty and registration expenses on a jointly acquired flat can be claimed separately by co-owners, and whether a co-borrower/co-owner who did not pay EMIs from her own account may still claim deductions for loan interest and principal when EMIs were paid from the other co-borrower's account.