Discussion Board

Home loan tax issues? Here''s help


Total 13 messages Pages | 1 | 2   Older >
VIJAYAN
TAX BENEFIT ON HOME CONSTRUCTION LOAN
by VIJAYAN on Apr 12, 2010 04:59 PM

I AM WORKING IN NORTH INDIA. MY WIFE OWNS A PIECE LAND IN HOME TOWN KERALA. WE PLAN TO CONSTRUCE A HOUSE FOR RETIRMENT SETTLEMENT. TO MEET FINANCE I HAVE TO TAKE SOME LOAN FOR CONSTUCTION OF HOME. MY WIFE IS UNEMPLOYED. PLEASE ADVISE WHETHER I CAN AVAIL TAX BENEFIR OR THE LAND SHOULD BE IN JOINED OWNERSHIP TO AVAIL THE TAX BENEFIT. PLEASE GUIDE ON THIS MATTER.

VIJAYAN
EMAIL: vijayan.lakkidi@rediffmail.com

    Forward  |  Report abuse
Vickram
claiming tax benefit on home loan in name of parents paid by son
by Vickram on Feb 04, 2010 05:03 PM

My property was mortgaged in my father's name but after his death, it is in my mom's name but being her son and she being unemployed, I am paying the home loan. So can I claim tax benefit on account of the home loan? Thanks, Vickram

    Forward  |  Report abuse
Vickram
claiming tax benefit on home loan in name of parents paid by son
by Vickram on Feb 04, 2010 05:02 PM

My property was mortgaged in my father's name but after his death, it is in my mom's name but being her son and she being unemployed, I am paying the home loan. So can I claim tax benefit on account of the home loan? Thanks, Vickram

    Forward  |  Report abuse
Vickram
claiming tax benefit on home loan in name of parents paid by son
by Vickram on Feb 04, 2010 05:02 PM

My property was mortgaged in my father's name but after his death, it is in my mom's name but being her son and she being unemployed, I am paying the home loan. So can I claim tax benefit on account of the home loan? Thanks, Vickram

    Forward  |  Report abuse
kv principal
tax exsumption
by kv principal on Jan 29, 2010 01:35 PM

sir, me and my wife are both employees in govt.organization. i have purchased one site and constructed a house with sbi housing loan.both the site and housing loan are on my wife's name but i am paying the regular emi from my account. can i get the tax exsumption

    Forward  |  Report abuse
kv principal
tax exsumption
by kv principal on Jan 29, 2010 01:34 PM

sir, me and my wife are both employees in govt.organization. i have purchased one site and constructed a house with sbi housing loan.both the site and housing loan are on my wife's name but i am paying the regular emi from my account. can i get the tax exsumption

    Forward  |  Report abuse
vineet  sinha
Home Loan
by vineet sinha on Oct 21, 2009 01:13 PM

i have switch home loan from ICICI bank to LIC housing finance in the month of July 2009. how to calculate interest upto July 2009 by icici bank and august 2009 to march 2009 by lic housing finance.

    Forward  |  Report abuse
sudha sekar
Is it possible to get home loan for purchase building in native
by sudha sekar on Aug 27, 2009 01:02 PM

Hello sir,
is it possible to get a home loan to purchase a commercial building in my native place.
whether it will come under tax exemption?

    Forward  |  Report abuse
Total 13 messages Pages: | 1 | 2   Older >
Write a message