https://www.taxtmi.com/forum/issue?id=2118 Entitlement to interest deduction on a jointly-borrowed housing loan arises under Income From House Property; each spouse may claim interest in proportion to ownership and subject to the proviso cap for self-occupied property, contingent on producing the lender's certificate where required. Principal repayment can be claimed by each spouse for their share under the investment-linked deduction rules. If part of the house is used for professional purposes, expenses attributable to that portion may be claimed against professional income when areas and usage are reasonably demarcated. en-us Mon, 16 Aug 2010 21:15:19 +0530 Thu, 23 Jan 2025 15:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2118 Entitlement to interest deduction on a jointly-borrowed housing loan arises under Income From House Property; each spouse may claim interest in proportion to ownership and subject to the proviso cap for self-occupied property, contingent on producing the lender's certificate where required. Principal repayment can be claimed by each spouse for their share under the investment-linked deduction rules. If part of the house is used for professional purposes, expenses attributable to that portion may be claimed against professional income when areas and usage are reasonably demarcated. Discussion-Forum Income Tax Mon, 16 Aug 2010 21:15:19 +0530 https://www.taxtmi.com/forum/issue?id=2118