<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Deduction of loan of Principal and interest amount</title>
    <link>https://www.taxtmi.com/forum/issue?id=528</link>
    <description>When a husband and wife purchase a flat and take a joint loan, repaying from a joint account without any declaration of respective liabilities, deductions for principal repayment and interest are assumptively apportioned equally between them; principal repayment is identified by the respondent as qualifying for deduction and both spouses may claim the benefit equally in the absence of evidence to the contrary.</description>
    <language>en-us</language>
    <pubDate>Wed, 12 Sep 2007 09:45:32 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:58:56 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=315031" rel="self" type="application/rss+xml"/>
    <item>
      <title>Deduction of loan of Principal and interest amount</title>
      <link>https://www.taxtmi.com/forum/issue?id=528</link>
      <description>When a husband and wife purchase a flat and take a joint loan, repaying from a joint account without any declaration of respective liabilities, deductions for principal repayment and interest are assumptively apportioned equally between them; principal repayment is identified by the respondent as qualifying for deduction and both spouses may claim the benefit equally in the absence of evidence to the contrary.</description>
      <category>Discussion-Forum</category>
      <law>Income Tax</law>
      <pubDate>Wed, 12 Sep 2007 09:45:32 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=528</guid>
    </item>
  </channel>
</rss>