https://www.taxtmi.com/forum/issue?id=110161 When spouses jointly own a house and each pays half the loan interest and installments, each may claim tax benefit proportionate to actual payments provided they document contributions and, where applicable, submit a declaration to their employer. Rental received from one co-owner is taxable as the receiver's income with a 30 percent abatement; a house treated as self-occupied by the occupier is not treated as let out for that occupier. en-us Thu, 07 Apr 2016 22:56:02 +0530 Thu, 23 Jan 2025 15:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110161 When spouses jointly own a house and each pays half the loan interest and installments, each may claim tax benefit proportionate to actual payments provided they document contributions and, where applicable, submit a declaration to their employer. Rental received from one co-owner is taxable as the receiver's income with a 30 percent abatement; a house treated as self-occupied by the occupier is not treated as let out for that occupier. Discussion-Forum Income Tax Thu, 07 Apr 2016 22:56:02 +0530 https://www.taxtmi.com/forum/issue?id=110161