Need A Financial Product Forums Tax Savings Can a co-owner and co-applicant claim 100% tax benefit Can-a-co-owner-and-co-applicant-claim-100percent-tax-benefit_REPLY

#48203
samkapoor77
Keymaster

As your father is a co-owner of the property and has a right of 50%, he can claim a tax rebate on the EMIs for 50% only. It is immaterial here whether he is paying 100% EMI or not.