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Spouse Can Claim Tax Benefit Only If Servicing A Home Loan

Source: outlookmoney · 2026-10-09T23:00:00 UTC

Under income tax laws, each borrower has to claim their respective share of principal and interest component of the EMI serviced by them. Child cannot claim tax benefit on money gifted to parents. A consultant can claim deductions and rebates while filing the ITR

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Spouse Can Claim Tax Benefit Only If Servicing A Home Loan

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