Legal Question in Real Estate Law in India
My husband is planning to buy a home in noida. He is a private bank employee and i m a govt employee. He will take the loan for buying this home. How can we both get tax benefits while repaying this loan and how can i become a coowner of home
Asked on 5/04/10, 12:22 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
you both may take the loan as co borrowers and also share the instalments. this way, you both may benefit for tax purposes. in case only your husband is paying the instalments, only he would be entitled to seek tax benefits.
Answered on 5/04/10, 12:40 am
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