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In such case, both husband and wife can individually claim tax benefits on interest repayments up to Rs 1,50,000 under Section 24 and on principal repayments up to the maximum amount of Rs. 1,00,000 under Section 80C. In case of Section 80C, it is subject to the maximum amount of Rs 1,00,000 across all 80C investments.
I have taken a Home loan in which I am a co applicant with my spouse What is the total income tax benefits that we both can avail of
May 5th, 2010 by rupeetalk.com





