https://www.taxtmi.com/forum/issue?id=107286 Allocation of interest and principal deductions for a jointly purchased house concerns entitlement under deduction U/S 24 (interest) and Sec. 80C (principal). If EMI payments are debited from different bank accounts in each spouse's name and corresponding statements are produced, each spouse can substantiate and claim their respective share of deductions based on those payment records. en-us Fri, 05 Sep 2014 17:41:35 +0530 Thu, 23 Jan 2025 15:57:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107286 Allocation of interest and principal deductions for a jointly purchased house concerns entitlement under deduction U/S 24 (interest) and Sec. 80C (principal). If EMI payments are debited from different bank accounts in each spouse's name and corresponding statements are produced, each spouse can substantiate and claim their respective share of deductions based on those payment records. Discussion-Forum Income Tax Fri, 05 Sep 2014 17:41:35 +0530 https://www.taxtmi.com/forum/issue?id=107286