Tax exception
5 years ago
Property registered in the name of co-applicant. Applicant is the only source of loan repayment can applicant claim Tax exception on Emi
A.1. You need to intimate banker via legal notice on the same.
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A.Please contact local lawyer
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Nirmal Chopra
Responded 5 years ago
A.Only the person paying EMI can claim benefit of exemptions under income tax laws irrespective of the tittle of the property.
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