Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 
PDA

anirbanroy_in
Mar 12, 2008, 11:59 PM
Sir,

I have taken a joint home (me +wife) loan , from LIC Housing Finance, for Rs.
22,25,000 for 20 yrs.
Wife is primary and i am secondary loan applicant .
Also for the property, she is primary applicant and i am secondary.

I wish to know, that what is the process of sharing the Home Loan Tax benefit in 50:50 ratio in our case.

We both have nearly same salary package.

Thanks & Regards,
Anirban Roy
AtlantaTaxExpert
May 1, 2008, 07:53 AM
This is an INDIAN tax question.

This forum deals with U.S. tax questions.