https://www.taxtmi.com/forum/issue?id=2834 Deduction for housing loan interest on jointly held property depends on definable, documented proportionate shares; if ownership and repayment contributions are clear in loan documents and books of account, each joint owner may claim the deduction to the extent of their share, but where shares are not definite the arrangement may be treated as an Association of Persons, limiting individual entitlement and potentially restricting claim to the primary recorded holder. en-us Fri, 25 Feb 2011 16:23:57 +0530 Thu, 23 Jan 2025 15:58:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2834 Deduction for housing loan interest on jointly held property depends on definable, documented proportionate shares; if ownership and repayment contributions are clear in loan documents and books of account, each joint owner may claim the deduction to the extent of their share, but where shares are not definite the arrangement may be treated as an Association of Persons, limiting individual entitlement and potentially restricting claim to the primary recorded holder. Discussion-Forum Income Tax Fri, 25 Feb 2011 16:23:57 +0530 https://www.taxtmi.com/forum/issue?id=2834